$EWY This South Korea equity ETF token had a violent round trip: a sharp drop from 181.94 down to 159.30, followed by an equally sharp recovery back to 173.88 (+0.60%). RSI at 44.95 sits in neutral territory after recovering from oversold extremes near the bottom, showing the panic selling phase has passed.
The current pullback from 181 looks more like normal profit-taking after a fast recovery rather than a resumption of the downtrend, but a close below 165 would change that read.
👇 Click here to trade
#EWY #TechnicalAnalysis #indices