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Direxion Daily MSCI South Korea Bull 3X (KORU) Shares Cross Above 200 DMA
Source: Nasdaq
Market Technicals & FlowsEmerging MarketsDerivatives & Volatility
Direxion Daily MSCI South Korea Bull 3X ETF (KORU) crossed above its 200-day moving average of $22.95, trading as high as $23.63. The leveraged South Korea equity ETF was up about 9.1%, signaling bullish technical momentum, though the move is primarily relevant to KORU and leveraged emerging-market equity traders.
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