Korea Crashed. The Dollar Says Buy.
https://youtu.be/qza1_5z7DCc South Korea dropped 11.5% in a single session. The contagion calls are already flooding in. Gianni Di Poce thinks they are dead wrong. He sees the opposite setup forming. The selling abroad is far heavier than anything happening here at home. US stocks are down less than their global peers today. That gap is the real signal. Tech and semiconductors led the drop. The NASDAQ took the brunt of it. The Dow finished higher on the day. The Russell 2000 hit a fresh all time high just yesterday. Money is rotating underneath the surface. Gianni’s bigger point lives in the currency market. The dollar/yen just hit a new multi year high. The euro broke to new lows. This is a global rotation into the dollar. If that breakout sticks, it marks the late stages of this rally. This does not mean a bear market is coming next month. It