Goldman Sachs: KOSPI Fell 12% in the Interim Period Amid Blue Wave and Tech Selloffs
📊 GS — Piyasa Yorumu
▼ down · 55%The news highlights that the 12% drop in the KOSPI is linked to technology selloffs and political uncertainty, which could negatively affect risk appetite for global investment banks such as GS. Technical indicators are already weak: the price is below the SMA20 and SMA50, RSI is around 40, and MACD is in negative territory below the signal line. This combination suggests that downward pressure may continue in the short term. However, since the news is not directly about GS's own operational performance but rather a market-wide development, the impact may remain limited. Nevertheless, together with the current technical weakness, the 1-3 day outlook is slightly negative.
📊 KOSPI — Piyasa Yorumu
▼ down · 55%The KOSPI fell sharply by more than 11% within 24 hours to 789.6 and is trading clearly below its SMA20/SMA50, confirming that the short-term trend is downward. Although the RSI at 34.5 is approaching oversold territory, it has not yet signaled a bottom, while the MACD remains negative below its signal line. Goldman Sachs' headline theme of 'blue wave and tech selloff' suggests the decline may already be priced in, but it could act as a catalyst for renewed selling pressure. Even if rebound buying emerges over a 1-3 day horizon, the main direction remains tilted downward; without sustained trading above 800, any recovery may remain weak. Short-term volatility will be high due to oversold conditions.