Korea "Gangnam Style" Casino
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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
