South Korea's strong momentum

Troy Bombardia
2020-08-14
South Korean equities are rallying along with their overseas counterparts.

South Korean equities are rallying along with their overseas counterparts. The South Korean stock market's recent rally has driven it's 14-day RSI to very high levels (>82). 

As is typically the case with momentum studies, such extreme momentum in the past usually led to South Korean equities rallying even further over the next 3 months.

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