Spot Up Vol Up Korea Goes Full Panic

Korea’s AI Mania

KOSPI continues behaving like the purest expression of the global AI melt-up. Every tiny wobble keeps getting violently bought, upside panic remains extreme, and the same reflexive flows that powered the vertical squeeze higher still show few signs of exhaustion.

The remarkable part is that positioning and momentum still do not look fully stretched yet. RSI levels cooled sharply during the brief pullback earlier this week, foreigners continue selling into the rally, and yet KOSPI, SK Hynix and Samsung Electronics keep ripping higher anyway.