Index: KOSPI1U [Technical Comment]

After successfully breaking above key VST resistance at 284.50, the next target for KOSPI1U is 285.60. First support is 284.05, and if this level holds in the near term, it may well rally to the 285.60 resistance. (MT)

Index: KOSPI futures [Technical Comment]

KOSPI futures will likely continues advancing after two times of runaway gap on last Friday and Monday trading session. Candlestick and other technical indicators also show similar probability. We view this index futures will immediately test 285.00 once it can open or trade above 284.50. Initial supports are located at 283.85 and 282.65. (HP)

Index: YM1U [Technical Comment]

YM1U has been caught within a narrow range for a while now, but on the H1 chart we see a bullish formation developing, with a breakout above VST resistance at 12,215 likely to see it advance to or very near 12,262. (MT)

Index: YM1U [Technical Comment]

After successfully breaking above key VST resistance at 12,079, the next target for YM1U is 12,159. First support is 12,052, and if this level holds in the near term, it may well rally to the 12,159 resistance. (MT)

Index: YM1U [Technical Comment]

After successfully breaking above key VST resistance at 11,978, the next target for YM1U is 12,057. First support is 11,955, and if this level holds in the near term, it may well rally to the 12,057 resistance. (MT)

Index: YM1U [Technical Comment]

There is a potential breakdown scenario developing on the M15 chart of YM1U. We are looking for a move below the 11,848 support, which should see it continue on to 11,802. (MT)

Index: YM1U [Technical Comment]

Having failed to pass the 11,976 resistance, YM1U looks as if it will retrace and test support at 11,877. A successful breakdown at 11,877 places 11,821 as the immediate target, but if it holds here it will likely bounce back to resistance at 11,958. (MT)

Index: YM1U [Technical Comment]

There is a potential breakdown scenario developing on the M15 chart of YM1U. We are looking for a move below the 12,056 support, which should see it continue on to 12,033. (MT)

Index: YM1U [Technical Comment]

There is a potential breakdown scenario developing on the M15 chart of YM1U. We are looking for a move below the 12,082 support, which should see it continue on to 12,046. (MT)

Index: YM1U [Technical Comment]

Having failed to pass the 12,138 resistance, YM1U looks as if it will retrace and test support at 12,074. A successful breakdown at 12,074 places 12,032 as the immediate target, but if it holds here it will likely bounce back to resistance at 12,144. (MT)