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šŸ”Ž South Korea Pops into Resistance

June 23, 2025

šŸ“Š Daily ETF Overview

 

We’ve consistently argued that global markets are set to outperform the United States over the long run.

Now, we’re seeing that thesis play out. More individual countries are breaking out to new highs, and diversified global indexes are finally resolving over a decade of sideways action with fresh all-time highs.

For U.S. investors, the opportunity to expand international exposure has rarely looked more compelling.

But that doesn’t mean you rush out and buy every global ETF on the board.

Take South Korea, for example. $EWY just turned green on our ETF Power Rankings—a strong sign of improving relative strength.

 

 

But when we look at the chart, it’s clear that after a powerful rally in recent weeks, South Korea is now bumping up against a key resistance level.

It would make sense for EWY to pause here and consolidate those gains.

 

 

The takeaway? Be selective. The case for increasing international exposure is strong—but not all global markets are in the same place.

And that’s a good thing. Selectivity is a feature, not a bug.