K-Popped | I3investor

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K-Popped

StockFanatic

Publish date: Thu, 11 Apr 2013, 01:30 PM

The major support for South Korea's Kospi caved in last week, a likely sign of more downside risks for the index. As we expected, the MSCI Asia ex-Japan has been in correction mode since end-Feb. The correction should end soon, with support at 490-525. Last week's wedge breakdown for Germany's DAX could spell trouble for Europe's equity markets.

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