Korea KOPSI Entering Mark Down Phase
Seldom apply Wyckoff Method on Indexes. However, we seeing distribution characteristics that are hard to ignore on the Korea KOSPI (Weekly). The characteristics provided technical evidence that the index has completed its Distribution phase and is expected to enter the Mark Down phase. Fibo applied to project downside target objectives.
On Marco, as trade war becomes global, it has caused markets to see red in recent times, especially Asian markets.