Consistency in the Lower 231.75 Will Maintain Bearish KOSPI

Referring to the 4-hour chart, the bearish bias especially if price able to maintain consistency under the 231.75 area. Potentially promote the sustainability of the bearish movement to test 230.70 area before targeting 229.30 area.

On the contrary, despite the stochastic and RSI looks to have very oversold, only a break back above 232.95 area which is likely to trigger a bullish correction scenario towards 233.90 area or even 234.85 area (23.6% fibo of 289.30-218.05).