Looking at the Korean #KS11 index on the weekly timeframe, it's starting to have a bit of a "walking a tightrope in mid-air" taste to it～

From a structural perspective, the earlier rally looks more like an emotion-driven acceleration phase rather than a solid impulsive wave. According to Elliott Wave Theory, after such a rush upward, there's often a round of "emotional debt settlement" to face. The gap left around 4300 is like an unpaid bill on the ledger - the market will very likely go back to reconcile it～

Dow Theory also puts it very bluntly: when a trend enters its final stage, price tends to show divergence and deceleration. The current market action has exactly this flavor.

So don't be fooled by short-term rebounds. The real risk often isn't when it's falling, but when it looks like "we can still go up a bit more"～