After The WashoutKorea has gone from one of the market's most crowded AI trades to one of its most aggressively unwound. The bearish thesis we've outlined over recent weeks has largely played out, with leverage, positioning and sentiment all undergoing a dramatic reset. While calling exact bottoms is always dangerous, the risk-reward is beginning to shift as technicals, positioning and volatility all approach important inflection points.200 day
Who's Left To Sell Korea?
One chart explains why we're no longer as bearish on Korea. It's not the KOSPI. It's KORU.
67 words~1 min read
