Weekly Market Reivew K200

I wanted to do a similar weekly market review on K200 as N225.  However, I couldn't find a reliable chart after many problems with IB Charting on K200.  Korea Exchange also do have the same rich info as Osaka Exchange on their indexes.

This is the K200 1 week and 3 month Chart I got from Korea Exchange.

I think I will use Bloomberg for the time being, until I find something better.

K200 closed at 257.42 on Friday, 25-Apr-2014, lost 4.10 (1.57%) over the last 5 days.

What is more significant is the drop on Friday, 3.66 (1.40%) drop!  I was waiting for this drop for quite some time as K200 had been moving up and staying up despite how the rest of the world moved.

I believe K200 will get some support at around 257-258 zone, which it did on Friday.  However, with the bearish move on Friday and SPX drop of 15+ points on Friday, it is very likely that we see K200 move down pass 257.  Let's see if 257 will hold.