Artificial Intelligence Sales Spread to Asian Exchanges: KOSPI Trading Halted

The sharp decline of over 11% in the KOSPI within 24 hours and the trading halt indicate panic selling and liquidity problems. Although RSI at 34.5 approaches oversold territory, there is no bottom signal yet; MACD is below the signal line and in negative territory, momentum is downward. Price is significantly below SMA20 and SMA50, short-term trend is weak. Volatility may be high at the opening after the trading halt; even if rebound buying emerges, the 1-3 day outlook carries downside risk. Nevertheless, due to oversold conditions, the possibility of a short-term technical rebound after the sharp decline should not be ignored.

NVDA fell 12% in 24 hours to 181.57, with its RSI at 17.7 placing it in oversold territory; this raises the likelihood of a short-term rebound. However, MACD remains below its signal line and the price is clearly below SMA20/SMA50, indicating a weak trend. In Asia, AI selling reaching trading-halt levels on the KOSPI is undermining risk appetite and could weigh negatively on NVDA. The oversold condition does not guarantee that the sharp decline will continue; choppy and downward pressure is expected over the next 1-3 days.