EWJ iShares MSCI Japan ETF

$EWJ $NIKKEI >BOJ held rates steady as expected >Japan equities market is expecting the BOJ will hike rates in December >OIS has 22bps priced for the December meeting

Japan stock market -10% from its highs text book correction territory. $EWJ China stock market -20% from its highs textbook bear market. $FXI MCHI Also in its longest drawdown in history.. 11 straight red weeks. Indonesia stock market plunges to lowest level since 2020 after MSCI said it’s considering a 2 step downgrade from emerging market to standalone. $EIDO Semiconductor stocks -20% from its highs. Textbook bear market and testing their 200 day moving average first time in 16 months. $SMH

$EWJ • ⚪ CONSOLIDATION SMC SETUP 🏛️ INSTITUTIONAL PRE-BELL ORDER FLOW • Spot: 64,580.64 | ⚪ CONSOLIDATION • Valuation: NEUTRAL • Dealing Range: 61,462.61 ➔ 70,798.62 • Refined Demand (+OB): Structural base • Overhead Supply (-OB): 67,793.00 – 67,862.92 • Buy-Side Liquidity (PDH): 63,684.69 [SWEPT] • Sell-Side Liquidity (PDL): 62,389.47 [UNTOUCHED] • Imbalance (50% CE): Balanced tape Full algorithmic levels & execution rules on chart card. #SmartMoneyConcepts #Trading #PriceAction #OrderFlow

$EWJ • ⚪ CONSOLIDATION SMC SETUP 🏛️ INSTITUTIONAL PRE-BELL ORDER FLOW • Spot: 64,042.06 | ⚪ CONSOLIDATION • Valuation: NEUTRAL • Dealing Range: 61,462.61 ➔ 70,798.62 • Refined Demand (+OB): Structural base • Overhead Supply (-OB): 67,793.00 – 67,862.92 • Buy-Side Liquidity (PDH): 62,902.95 [SWEPT] • Sell-Side Liquidity (PDL): 62,094.34 [UNTOUCHED] • Imbalance (50% CE): Balanced tape Full algorithmic levels & execution rules on chart card. #SmartMoneyConcepts #Trading #PriceAction #OrderFlow

$EWJ • ⚪ CONSOLIDATION SMC SETUP 🏛️ INSTITUTIONAL PRE-BELL ORDER FLOW • Spot: 63,254.28 | ⚪ CONSOLIDATION • Valuation: NEUTRAL • Dealing Range: 61,462.61 ➔ 70,798.62 • Refined Demand (+OB): Structural base • Overhead Supply (-OB): 67,793.00 – 67,862.92 • Buy-Side Liquidity (PDH): 62,786.89 [SWEPT] • Sell-Side Liquidity (PDL): 61,462.61 [UNTOUCHED] • Imbalance (50% CE): Balanced tape Full algorithmic levels & execution rules on chart card. #SmartMoneyConcepts #Trading #PriceAction #OrderFlow

$EWJ JAPAN has been on a spree of buyouts, mergers, takeovers … led mostly by corporate governance reforms SER!OUSLY: So says Bloomberg TV Ps don’t forget about my earlier post about SAUD!A ARAB!A $KSA being up +5.5% in the aftermarket 9/30. Is the Iranian blockade crumbling. Also David Faber: “Just WSJ, and nobody else is reporting that the Iranian government is close 2 collapse.” WOW he said it. Not Meir Trump or hegseth NYY 2 BOS 0 (6th)