KOSPI韓國綜合

Bearish. KOSPI has collapsed roughly 16% in a week, from about 6,750 to 5,650, and today's tiny uptick is no sign of capitulation being over. Washouts this violent can produce vicious relief rallies, so humility is warranted, but the trend is plainly down.

Bearish on KOSPI: it is sitting at the floor of both its 5- and 20-day ranges, a clean breakdown as global risk appetite cools under rising US yields. Korea's chip-heavy board tends to amplify these swings, so a snap-back is possible, but the trend is not our friend yet.

Still leaning bearish on the KOSPI despite a 1% bounce to about 6,168: both the 5- and 20-day positions remain near their lows, so one green day hasn't repaired the damage. With US tech leadership faltering, chip-heavy Korea needs more than a relief rally to change the picture.

Bearish on the KOSPI: both the 5- and 20-day ranges are pinned near their lows, which is a market being sold, not just resting. Chip-heavy Korea is exposed if tech sentiment keeps fraying under 5% US yields — a bounce is possible, but the burden of proof is on the bulls.

Bearish on KOSPI: a roughly 7% slide from above 7,000 to about 6,530 in four sessions is the kind of momentum break that rarely heals in a few days. It's stretched and a reflex bounce could come at any moment, but the lower highs say sellers are still in charge.

Bearish — the quant says coin-flip, but KOSPI near 6,750 is sitting at the very bottom of its 5-day range after slipping from the 7,000s. Gains have been concentrated in a handful of chip giants, and that narrow leadership makes the index fragile when the AI trade wobbles.