KOSPI Bear Cycle crashing to at least 4150.KOREA COMPOSITE STOCK PRICE INDEX (KOSPI)TVC:KOSPITradingShotKOSPI has been trading within a multi-decade Channel Up since the June 1998 bottom and with its recent June 2026 All Time High (ATH), it got rejected on its top, within the pattern's Sell Zone (1.0 - 0.786 Fibonacci range). This month it had confirmed that it entered a new Bear Cycle (technical Bearish Leg for the Channel Up), as for the 2nd time it broke below its 1W MA50 (red trend-line) and most likely will close the month below it for the first time since April 2025. There have been four major Bearish Legs within his pattern but the strength of the current crash resembles more the Bear Cycles of the 2008 U.S. Housing Crisis and the Dotcom crash of 2000/2001. As you can see, both of those corrections had identical declines of -56.92% and -56.41% respectively. Needless to say that both broke considerably below the 1M MA50 (blue trend-line) as did the 'shorter' U.S. - China Trade War (2018/2019) and Inflation (2021/2022) crashes. As a result, we expect KOSPI to extend its current crash to at least 4150, which would complete a -56.41% from the ATH and would test the 1M MA50. Note that this doesn't mean the index can't drop deeper. Only the 2008 Housing crash didn't hit the Channel's (green) Buy Zone. Also the 1M RSI has historically offered the most optimal long-term buy opportunity once it hit its Support Zone. If it does before KOSPI hits 4150, we will turn long-term bullish on the index again regardless of the price. --- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇