KORU (Direxion Daily MSCI South Korea Bull 3X ETF) delivers 300% daily leveraged exposure to South Korean large‑ and mid‑caps, making it a high‑volatility instrument suited for short‑term tactical trades rather than long‑term investing.
Quick instrument snapshot
- Full name: Direxion Daily MSCI South Korea Bull 3X ETF (KORU)
- Objective: Targets +300% daily performance of the MSCI Korea 25/50 Index (before fees and expenses)
- Primary listing: NYSE Arca
KORU — Daily Elliott Wave Chart (Update: July 8, 2026)
The latest daily chart shows the rally from the April 2025 low ending in wave (I) at $1,284.97. The subsequent wave (II) pullback appears to be unfolding as a zigzag corrective pattern:
- Wave a ended at $580.00.
- Wave b bounced to $1,111.00.
- Wave c is targeting the blue‑box area between $422.65 and $259.92.
From that blue‑box zone, buyers may look for a turn higher — either for the next impulsive extension or, at minimum, a three‑wave corrective bounce.
Trading insight
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