Kospi is not leaving 2000 zone easily, as such it was flat this week. I am still hoping that Kospi has a chance to cross 2000 level but even if go past this 2000 level in coming week, it will get better resistance at 2050 level in the upside. I will think about a new bull movement for Kospi when it will give stronger moves above 2050 range.
On the other side if it drops from this level then there is a chance that Kospi may make a bearish pattern if it goes below 1900 but still it needs more time to specify details about that. Kospi has initial support level at around 1950 level.
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