$EWW.. I mean $EWY went below 21ema again, already 5th time this month. Is it a warning sign we're ignoring?
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$EWW.. I mean $EWY went below 21ema again, already 5th time this month. Is it a warning sign we're ignoring?

I’m just watching everything from $EWY to $Sandisk(SNDK.US) go up enormous amounts…
Even $Micron Tech(MU.US) is up 12% today.Uhhh… YTD is getting a little ridiculous.Source: Serenity


South Korea's ETF closed at record highs, now up 186% over the past year. $EWY

$ISHRS MSCI S Korea Capped(EWY.US)Upupup

$ISHRS MSCI S Korea Capped(EWY.US)EWY target 150, memory shortage still a thing and AI still a bubble
A pure-play ETF focused on the memory sector
1. $Micron Tech(MU.US)- 24.63%
2. Samsung - 24.11%
3. SK Hynix - 23.08%
4. $Sandisk(SNDK.US)- 4.9%
5. Kioxia - 4.86%
6. $Western Digital(WDC.US)- 4.77%
7.$Seagate Tech(STX.US)- 4.73%
7. Nanya - 3.89%
8. Winbond - 2.4%
You can sell ewy and switch to DRAM next week.

$XL2CSOPHYNIX(07709.HK)
It is very strange that the stock did not gap up after the joyful news. Almost every stock surged. This will bear on EWY, as Hynix is a major component. Does any one have info?
One of the most brutal wipeouts occurred in Asian markets today.
China's stock market: -3.63%Korea's (KOSPI / $EWY) stock market: -6.49%Japan's (Nikkei) stock market: -3.48However if you look at Israel's Ta-125 stock market?+11.25% YTD and +67.21% 1Y. The US $SPY is down ~5% YTD, but faring better than their Asian counterparties. This data is very interesting since markets, not headlines, are usually the best largest indicators of:Winners and Losers of War. Especially with the ongoing energy conflict with the War in Iran.Source: Serenity

It’s infuriating that so many people capitulated their positions.
Because of X influencer doomposters who are now pretending to be bullish on $Micron Tech(MU.US) or $EWY.Or Bank Analysts who have 0 clue what they’re talking about. 99.9% of this place was bearish and posted: - “KOPSI Crash”- “Memory charts look like Silver?”Or something along the lines of “Helium/LNG/Oil” on the way down.But now that $Sandisk(SNDK.US) and memory names are ATH (or getting close), everyone is now pretending to have been bullish all long.The vast, vast majority of X are extreme noise.Source: Serenity


Weekend Macro playbook prediction:
1. US gonna do something bad to Iran2. Bunch of videos on X of stuff going up in flames3. Retail doomposters and Jim Cramer will say "$200 oil" parroting Iran state media over the weekend.4. People panic sell $EWY or $Taiwan Semiconductor(TSM.US) based on something random like Helium that have little material effect5. Crude Oil futures spike and stocks drop6. People glad they sold their shares after seeing impression farming doomposters claim Monday will be the worst day ever of the stock market.7. People capitulate the rest of their unrelated to Iran stocks overnight8. US Treasury/Gov pulls black magic and crude oil prices go down by market open9. Stocks go back up, and people chase to recover their lost positions. 10. Next Week GreenSource: Serenity


$XL2CSOPHYNIX(07709.HK) Looking at the trend of the US stock $ISHRS MSCI S Korea Capped(EWY.US), it's going to gap up at the open tomorrow. Friends who added to their positions these past two days have made some gains.
