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EWY SHORT prediction · maverickwallstreet · Miss

like Tesla might reverse a little bit more. If we segue to the unusual activities, we have the EWY. This is the South Korean ETF, and right now trading about $150, the trader thinks it's going to go higher. The meme, FOMO stampede, right? $170 Korean traders are doing a lot of that. So somebody bought the $170 calls, the expiration date is July 17th, and they paid about a little over $3.5 million. Now when I look at the EWY, you got to remember, I'm the guy last year, in the aftermath of Liberation Day, said that the South Korean market and the Korean won, the currency, would be next to rally. And since then, it was massive, massive rally in the EWY and South Korean indices. But now, I'm going to short the EWY as soon as tomorrow. I'm going to open a position here to short the EWY. And we have what could be the devil, the devil pattern, devil top.
Channel
maverickwallstreet
Prediction date
2026-04-21
Horizon
2026-07-21
Instrument
EWY · SHORT
Verdict
Miss
Outcome
<strong>Miss:</strong> <span class="num red">P/L -747.0%</span> · <span class="num red">vs SPY -359.0%</span>

Source: Source · 36:09 ↗