Is the Kospi about to embark on a 5th wave here or has this complex correction got some more twists and turns? It will be interesting to me what this index does at it's yearly pivot (2347) and I will be keeping an eye on this one for clues. At the moment it is too early to tell, for me at least, but I reckon I can see 5 waves down to possibly complete a c wave and it has bounced on the 50% fib retracement. There is also some notable divergence on the RSI on this daily chart.
Wave Analysis

Penafian