Korea "Gangnam Style" Casino

MasterWU
07-29

Hello everyone! Today i want to share some trading ideas with you!

1

This current 10% crashing move looks like a 3rd of 3rd wave, not the 5th wave, which may signal the bottom.

In other words, the gambling herd in Korea is, right now, in the middle of a free-fall.

As they say, "you may feel like you are flying, until you hit the ground." $S&P 500(.SPX)$

2

Korea "Gangnam Style" Casino: $CSOP KOSPI(03121)$

The first line of support is 5K, which will come fast, even this week.

The real support is the 2026 New Year gap around 4309, which is 28% below today's close.

That seems HUGE; however, given the 10% crashing rate, 28% is roughly 3-day's move.

3

Almost broken--

Very scary-looking pattern, with pending FOMC decision tmrw;

the two-month consolidation may end with a BIG BANG.

South Korea's KOSPI Surges 6% Driven by Gains in SK Hynix and Samsung Electronics
South Korea's KOSPI index experienced a significant intraday jump of 6.00%, reaching 7,153.42 points. Key contributors to this rise included SK Hynix, which increased by 8.6%, and Samsung Electronics, which gained 5.7%. This surge reflects strong market performance in major South Korean technology stocks.
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