Macro Monday 48 – The Specialists, South Korea Apologies for the delay in this weeks release South Korea appears to be an economy that is taking the specialization approach with a strong innovative focus on biotechnology, pharmaceuticals, heavy machinery, vehicles, specialized battery components and major EV battery manufacturing. The country is not just...
Index: KOSPI Composite Index Exchange: Korea Exchange (KRX) Region: South Korea Introduction: Welcome to today's technical analysis. We'll focus on the weekly chart of the KOSPI Composite Index, highlighting a bullish reversal signaled by a symmetrical triangle pattern breakout. Symmetrical Triangle Pattern: The symmetrical triangle pattern is a neutral...
1) Losing Market Share in Android phones 2) Slump in the semiconductor unit c) Like China, Korea is going experimenting with Socialism d) Valuations are not attractive e) Out of the risning channel last June (2022) & now moving in the the red downward channel. Doesnt bode well for MSCI EM either as its made up of 3.5% Samsung
Emerging markets have made some terrific gains in the past month, but I would caution with the path ahead. Take a look at the past year's performance of the Hang Seng, KOSPI, IBOVESPA. I've included a chart of the Tadawul, the Saudi stock index, which is significantly weighted in EEM, the emerging market ETF. These are not healthy charts, and rallies provide...
COINBASE:BTCUSD b to the t to the c LONG and SHORT AREA -> Orange color good luck
A bullish divergence with RSI has appeared on the daily relative strength chart of EEM/SPX Also a falling wedge has broken out upwards A period of "Relative" outperformance wrt to the S&P500 may be near for the Emerging Markets
KOSPI is retesting a very long-term channel it's been trading within since 1994. If it confirms the breakout out of this channel, it could be extremely bullish on the ETF that has underperformed the SP500 this year.
I'm bullish on Korean Won for having one of the most advanced semiconductor and tech manufacturing industries in the world. This includes: the highest quality semiconductor production from the likes of Samsung, Oled, and MicroLED panel production from LGD/Samsung, Battery production from LG Chem, EV production Hyundai etc... Exports are going to grow in the coming...
11.29 This is a move as expected The 39,800 won is a strong support line, so I would like to shoot 37,000 won quickly and roll it up in a day. I look forward to buying below.
SOUTH KOREAN KOSPI INDEX - Barely holding above water Once red line breaks, potentially, a completed '2B' reversal pattern.
KOSPI WILL GO back to 2100 point. eliott wave will tell you. stock market is over heating. and inflation is going on globally. so sell your stock before plummet to the bottom. buy dollar or gold. reset your portfolio.
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
Korea is highly cyclical and a decent "canary in the coal mine for" a) the Semi Cycle, given the size of Samsung Electronics in the index and b) the global manufacturing cycle. Watch for a double top. This is not investment advice, I am not a licensed advisor and you should always do your own work or seek professional advice.
At least this monthly chart and trend says that... keep a close eye
Hello, “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin NASDAQ ZeroMarket US100 Chart Analysis for April 2. This is a 30-minute chart long position strategy. * Red...
Hello, “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin NASDAQ ZeroMarket US100 Chart Analysis for March 29. It is a 30-minute chart neutral strategy. At your current...
📌 The beauty of Korea is revealing itself right on time... the breakout is difficult to maintain as can be seen on the yearly close, the slingshot which turned out to a correct play for buyers has unlocked the potential for a major rally in 2021. Capital has its eyes on Korea (and a few others) for the advantage in its currency (KRW) and economic mobility across...
EWY posted the same pattern as it did before the last 2 big drops. Entered into some puts today for next week. There's still room for it to go hit resistance and ATH, the 2 lines I've drawn. If it goes up from here, look for a similar pattern before shorting. I'm bearish for Monday, but who knows, they can do another vaccine pump, 3 weeks in a row, lol. Note,...