Dr KOSPI moving higher - important for global cyclicals
Updated
KOREA is one big factory with the full gamut of output, from ships to semis.
The index is a key barometer for global cyclical momentum.
Consolidation is complete
The index is a key barometer for global cyclical momentum.
Consolidation is complete
Trade active
Long global cyclicals in play.Trade active
Massive break out to the upside.Let's see what Powell says this afternoon but the Kospi is suggesting a massive move higher for cyclicals, and that includes commodities.
Trade closed: stop reached
Kospi has rolled over. Pretty terrible sign for global cyclicals.
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