In the Korean markets, I see a running triangle forming. Now we are on to count E and the bottom could be in or we could go lower. Though my main count is that we will go lower.

I believe if we follow this triangle, that we will bottom out at around 17,577,000 won which adjusted for the 25% inflation that a Korean market has is around $12,260.

Whichever one it is, I also see us going up!

The fibonacci levels point to 30,632,000 won and 34,189,000 won which adjusted for the average of 25% inflation that the Korean markets have turns out to $21,319 and $24,125.