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Korean stocks opened—and it crashed again
In fact, this is because South Korea’s deleveraging process has never really ended
Since last week, the movement of Korean stocks and US stocks has already diverged—for example, SK hynix
Even for SNDK, which isn’t listed in South Korea, it still gets sold off hard during the overseas night session by Korean capital; only after Americans start work does it get lifted
South Korea is continuing to liquidate positions
KOSPI is headed below 6600
This week, as expected, it’s another tough week
Let’s see in storage—how far can they push a second test?
For now, I’m seeing the $1730 gap
Thanks everyone!