Jul. 23 at 6:08 AM
$EWT $EWY as I’ve said repeatedly the Koreans really know the direction of the market and the crazy rich Asians especially from Korea and Taiwan have sold off. This is a quick and easy gauge to determine turning point in the market.
$SPY is therefore not spared. The Taiwanese and the Korean companies — NVDA, TSMC, SK, Samsung etc — conspire too much. Also, Taiwan and Korea are flashing points of war as well. The IPO of
$SKHY totally seals the bearish correction. Well, crazy rich Asians will keep getting richer investing both long short. So it’s ok.
@LetsGoMets107 @TaoistTrader @sonicmerlin @mhparvez @PaPaBaZi