South Korea: Seoul Composite Index

[setravis]

South Korea...
The Seoul Composite Index endured a lengthy consolidation between 1350 and 1450. Breakout will indicate future direction. Twiggs Money Flow (21-Day) rise above 0.1 would favor an upward breakout.

[anbu2020]

Coke comes in smaller containers in Korea. I paid 900 won for a 1 L, about a buck. I dont know if I ever saw a can (12oz) like the US in Korea. I think their coke comes in 250ml cans. I paid 300 - 500 won for coke from a machine depending where the machine was located.
__________________________________________________

[setravis]

South Korea...
The Seoul Composite is testing short-term support Monday. Declining Twiggs Money Flow (13-week) indicates medium-term selling pressure. Expect another test of 1720. Failure would warn of a correction to primary support at 1550. Breakout above 1800 is less likely in the current climate, but would signal an advance to 1950
Target calculation: 1750 + ( 1750 - 1550 ) = 1950

[setravis]

South Korea...
The Seoul Composite Index broke resistance at 1790, signaling an advance to 1960*. Rising Twiggs Money Flow (13-week) indicates continued buying pressure.

Target calculation: 1760 + ( 1760 - 1560 ) = 1960

[setravis]

South Korea...
The Seoul Composite Index is advancing strongly after breaking short-term resistance at 1790. Rising Twiggs Money Flow (13-week) high above zero indicates strong buying pressure.

Target calculation: 1750 + ( 1750 - 1550 ) = 1950

[setravis]

South Korea
The Seoul Composite index broke through resistance at 1900 on Monday. Twiggs Money Flow (13-week) indicates strong buying pressure. Target for the primary advance is 1950*, but the 2007 high is close by at 2050.

* Target calculation: 1750 + ( 1750 - 1550 ) = 1950

[setravis]

South Korea: Seoul Composite Index

South Korea...
The Seoul Composite Index crossed above its 2007 high at 2050, signaling a fresh primary advance. Twiggs Money Flow (13-week) troughs high above zero reflect strong buying pressure.

[setravis]

South Korea...

The Seoul Composite Index is testing the new support level at its 2007 high of 2060. Bearish divergence on Twiggs Money Flow (21-day) indicate selling pressure. Failure of support would signal a correction to the rising trendline.

* Target calculation: 2060 - ( 2120 - 2060 ) = 2000

[setravis]

South Korea...

The Seoul Composite Index retreated below its 2007 high of 2060. A sharp fall on Twiggs Money Flow (21-day) indicates selling pressure. Expect a correction to the rising green trendline.

[setravis]

South Korea: Seoul Composite Index...
The Seoul Composite Index and $KRDOW penetration of their rising trendlines warn of a strong correction. Breakout below short-term support at 425 on $KRDOW would confirm. Bearish divergence on Twiggs Money Flow (13-week) strengthens the signal.

[setravis]

South Korea: Seoul Composite Index...

The Seoul Composite Index is undergoing a correction. Expect a test of the long-term (green) trendline and support at 1850. Twiggs Money Flow (21-day) below zero indicates continued selling pressure.

[setravis]

South Korea: Seoul Composite Index...
The Seoul Composite Index is retracing to test resistance at 2050 while undergoing a correction. Respect would confirm strong selling pressure, as would a Twiggs Momentum peak below the zero line.

[setravis]

South Korea...
The Seoul Composite Index completed a double-bottom and is headed for another test of its 2011 high at 2100. Rising 21-day Twiggs Money Flow indicates medium-term buying pressure. Reversal below 2000 is unlikely at present, but would warn of another test of primary support at 1920.

* Target calculation: 1920 - ( 2000 - 1920 ) = 1840