KOSPI has failed to cross 1950 and now for coming week 1900 is its initial support level and the better one is at 1850. Since it did not fall much so kospi may again try to reverse from around 1900 level to re-test 1950 level, as technically now it is in better position.
If it cannot cross 1950 level then there is a chance of correction. Things can be frustrating if it moves around 1850 to 1950 level, I am saying this because if it is building a reverse symmetrical triangle (which I mentioned in past) then there is a chance of more corrections so in the downside around 1850 level is very important for kospi.
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