To The Moon

Think no room for bull to run due to tensions of Iran war which could last for weeks.

Reflected in ETFs, the largest Korea-focused fund $iShares MSCI South Korea ETF(EWY)$ dropped as much as 10.9% in pre-market trading, while $Franklin FTSE South Korea ETF(FLKR)$ fell 10.96%. The 3x leveraged product $Direxion Daily MSCI South Korea Bull 3x Shares(KORU)$ plunged 32.43% before the open, amplifying the sharp selloff in Korean equities.

The KOSPI Index has seen a rare and sharp selloff since reaching a high near 6,300 in late February. It now stands at around 5,791, with a single-day drop exceeding 7%, marking the steepest correction since August 2024. The previously strong rally, which had repeatedly broken through record highs, has suddenly hit the brakes in a very short period of time.

The KOSPI Index has seen a rare and sharp selloff since reaching a high near 6,300 in late February. It now stands at around 5,791, with a single-day drop exceeding 7%, marking the steepest correction since August 2024. The previously strong rally, which had repeatedly broken through record highs, has suddenly hit the brakes in a very short period of time. Reflected in ETFs, the largest Korea-focused fund $iShares MSCI South Korea ETF(EWY)$ dropped as much as 10.9% in pre-market trading, while $Franklin FTSE South Korea ETF(FLKR)$ fell 10.96%. The 3x leveraged product $Direxion Daily MSCI South Korea Bull 3x Shares(KORU)$ plunged 32.43% before the open, amplifying

The KOSPI Index has seen a rare and sharp selloff since reaching a high near 6,300 in late February. It now stands at around 5,791, with a single-day drop exceeding 7%, marking the steepest correction since August 2024. The previously strong rally, which had repeatedly broken through record highs, has suddenly hit the brakes in a very short period of time. Reflected in ETFs, the largest Korea-focused fund $iShares MSCI South Korea ETF(EWY)$ dropped as much as 10.9% in pre-market trading, while $Franklin FTSE South Korea ETF(FLKR)$ fell 10.96%. The 3x leveraged product $Direxion Daily MSCI South Korea Bull 3x Shares(KORU)$ plunged 32.43% before the open, amplifying

Reflected in ETFs, the largest Korea-focused fund $iShares MSCI South Korea ETF(EWY)$ dropped as much as 10.9% in pre-market trading, while $Franklin FTSE South Korea ETF(FLKR)$ fell 10.96%. The 3x leveraged product $Direxion Daily MSCI South Korea Bull 3x Shares(KORU)$ plunged 32.43% before the open, amplifying the sharp selloff in Korean equities.

The KOSPI Index has seen a rare and sharp selloff since reaching a high near 6,300 in late February. It now stands at around 5,791, with a single-day drop exceeding 7%, marking the steepest correction since August 2024. The previously strong rally, which had repeatedly broken through record highs, has suddenly hit the brakes in a very short period of time.

Think no room for bull to run due to tensions of Iran war which could last for weeks.