The $EWY direction is already out—go straight to the sidelines!
Today, EWY’s bearish candle directly breaks through MA7 (176.83), MA25 (178.60), and MA99 (178.69). The entire moving-average system has fully formed a bearish alignment. The MACD has a dead cross, confirming that the green histogram is continuing to expand—bearish momentum is accelerating in its release. In the Korean market, capital has been continuously flowing out recently. Combined with the global decline in risk appetite, ETF direction has followed the stock index lower. Pullbacks can’t even get back above 177; first support to watch is 175.93, the prior low.
Entry: 176.56
Stop loss: 178.60
Take profit: 174.30
$EWY - Bearish 🔻
Enter from the downside 👇
Today, EWY’s bearish candle directly breaks through MA7 (176.83), MA25 (178.60), and MA99 (178.69). The entire moving-average system has fully formed a bearish alignment. The MACD has a dead cross, confirming that the green histogram is continuing to expand—bearish momentum is accelerating in its release. In the Korean market, capital has been continuously flowing out recently. Combined with the global decline in risk appetite, ETF direction has followed the stock index lower. Pullbacks can’t even get back above 177; first support to watch is 175.93, the prior low.
Entry: 176.56
Stop loss: 178.60
Take profit: 174.30
$EWY - Bearish 🔻
Enter from the downside 👇
