Korea — Too Far Up, Now Too Far Down

Seoul fell for the sixth session in a row on Tuesday.

Pattern alerts

• EWYkospi-39pct-off-june-peak-six-losing-sessionsBEARISH

• SOXXus-chip-index-22-7pct-below-record-after-one-day-bounceBEARISH

• MUmemory-bounced-3pct-while-order-books-holdBULLISH

The Kospi lost 3.7% to 5,552.74 — a 13.0% drop in six days — with SK Hynix down 4.2% at 1.223 million won and Samsung Electronics down 3.0% at 211,500 won, as doubts abo…