TAIEX台灣加權

Bearish, still fading the quant. TAIEX clawed back only about 190 points to near 47,240 after yesterday's roughly 1,800-point drop, a timid bounce that sits in the bottom fifth of its 5-day range. With Korea and Japan both still bleeding, I'd want a real recapture of the 48,000 area before believing the dip is done, though a crowded tech index can snap back hard if sentiment flips.

Fading the quant's bullish tag: TAIEX gave back roughly 1,800 points in a single session to around 47,050, dropping to the bottom of its 5-day range just a day after the dip-buyers looked in control. The 60-day trend is still intact, but with KOSPI breaking down alongside it and US yields squeezing richly valued tech, I'd rather respect the damage than assume another quick rebound.

TAIEX snapped back above 48,800 after yesterday's wobble, and it's still sitting near the top of its 60-day range — the dip got bought, which is what strong tapes do. I lean bullish, though this is a market leaning hard on a handful of chip heavyweights, so any tech-sector hiccup could knock it around fast.

Neutral on the TAIEX: the 60-day trend is still firmly up, but the 5-day position has slipped to the bottom of its range as the index backs off the 49,800 area. Taiwan is holding up far better than chip-heavy Korea, yet with US yields high and inflation data still ahead, this looks like a pause where a deeper tech wobble could spill over — no clean edge either way.

Staying bullish: TAIEX is still parked near 49,400, hugging the top of its 20- and 60-day ranges, and a week of sideways drift at highs reads more like digestion than distribution. The tech trade is crowded up here, so a quick shakeout wouldn't surprise us, but until sellers can knock it decisively off this shelf, the trend gets the benefit of the doubt.

Still leaning bullish: TAIEX is pinned near the top of its 20- and 60-day ranges, and a ~0.5% dip after three flat sessions looks like the trend catching its breath, not breaking. The risk is how crowded the tech trade has become up here, so a sharper shakeout wouldn't shock me, but the burden of proof sits with the bears.