The Nasdaq chart is topping out. Also, stock analysis.


Above is the Nasdaq, below is the KOSPI.
The KOSPI is on a daily chart and the Nasdaq is on a weekly chart, but the pattern is the same once volume comes in.
As you can see, the shapes are identical. Usually, it taps the top three times, and if it gets pushed back at the last one, it drops straight down.
This is no coincidence. If you look at the MACD, a death cross occurred at the peak. This is usually when you should run.
Now that the Nasdaq is dead, you have to assume the KOSPI will be even more wrecked. The KOSPI needs to drop down to 4000.
People say they don't know why it's falling, but that's a really stupid thing to say; it's like they aren't even considering how much it has risen so far.
It's risen so much, but I guess they have no memory of that. lol. Naturally, people are taking profits because it went up.

The 21-year Bitcoin chart shows us the future.
The KOSPI died while stuck in a box, but it's an important pattern regardless. When volume comes in, charts follow patterns.
We are currently around the circled area, and looking at this, the KOSPI will drop to the 4000–5000 range and stay in this line as a box for a long time.
We might see it hit the 3000s briefly, but eventually, it will rebound. For the next 2–3 months, consider it dead.
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