Bullish Kospi, Support 235.75

Prices are in a bullish phase rebound in the short term, break above 235.75 area to continue the upward movement towards 241.55 area. Failure to break above 235.75 area could trigger a bearish correction in the short libertine as stochastic and RSI on the 4 hour chart are in overbought condition. Correction will be heading back to the 228.55 area in the short term before testing 226.00 and 222.50 area.

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