Things are looking pretty good now. If it closes the daily candle near 750, and the KOSPI ticks up a bit after the open, it could break straight through the resistance at 755 and push above 76350—the odds are still pretty good. That would be a great move up: the 4-hour chart has found a floor, and we could be seeing the start of a new rebound.

After recovering overnight, KORU, SNDK, and MU have all bounced back reasonably well. Could we finally be seeing a glimmer of hope?😂··· The political divide between the two parties isn’t going to end anytime soon, so it’s good if the US-Iran situation can reach some kind of resolution. Once oil prices come down, that could also ease inflation and lower the odds of a rate hike in December.

If the daily chart pulls back again, pay close attention to the area around 748. To keep the bullish pattern on the lower time frame intact, it shouldn’t fall below 746. If it does, the bullish pattern on the 1-hour chart will be over.

There’s no reason for new bearish news to suddenly come out on the daily chart, so let’s focus on the recovery for now.

SanDisk is splitting its stock soon, and each exchange is handling it a little differently. If you’re stuck with a large position in SanDisk, I recommend checking with customer support about the specifics of the split and preparing in advance.