If I Had Known About Bollinger Bands in June! How to Use Them Properly From Now On | Park Se-ik & Jo Jae-wan

If I had known about Bollinger Bands in June..! How to properly use them from now on | Executive Director Park Se-ik & Chesley Head of Learning & Manager Jo Jae-wan [Byeoljubujeon / 26.08.15.Sat]
Watch on YouTube ↗  |  August 16, 2026 at 21:00  |  26:37  |  Chesley Investment Advisory (체슬리투자자문)
Speakers
Park Se-ik — CEO, ex-Chief Strategist
Jo Jae-wan — Chesley Head of Learning & Manager

Summary

The panel reviews a member-built Bollinger Band upper-breakout count for KOSPI 200 and KOSDAQ 150 as a market energy gauge. Park Se-ik explains the Chuseok holiday effect in which KOSPI tends to fall before Chuseok and rise afterward. Jo Jae-wan adds US rate-change seasonality showing August hikes and November-January cuts, supporting third-quarter caution and the Halloween strategy.

  • A member presents a program tracking daily Bollinger Band upper-breakout stock counts across KOSPI 200 and KOSDAQ 150.
  • Monthly average counts fell from 25/21 in January-February to 6 in March and 9/4 in May-June, even while the index was supported by Samsung Electronics and SK hynix.
  • The indicator is treated as a market energy gauge rather than a leading signal, using 5-day averages and ranges.
  • Park Se-ik notes the Chuseok effect: KOSPI tends to decline in the five trading days before Chuseok and rise in the five trading days after.
  • Jo Jae-wan shows that since 1914, August has had the most US rate hikes, while November has had the most cuts and December-January the second-most cuts.
  • The rate pattern is linked to third-quarter equity weakness and to the Halloween strategy from late October into April.
Ideas
Bollinger breakout count gauges Korean market energy.
Taband built a program tracking the daily number of KOSPI 200 and KOSDAQ 150 stocks breaking above their upper Bollinger Band as a market energy gauge. The signal is not leading, but the trend and 5-day average of the breakout count help indicate whether market energy is expanding or contracting. Monthly averages were 25/21 in January/February, 6 in March during the conflict, 17 in April, and only 9/4 in May/June even while the index rose on Samsung Electronics and SK hynix. He suggests the range and slope matter more than the absolute number, and that two consecutive months below 10 could justify raising cash. In August the 5-day average broke above 10 from August 4 and now exceeds 20, suggesting strong market energy.
Park Se-ik CEO, ex-Chief Strategist 11:37
KOSPI falls before Chuseok, rises after.
Jo Jae-wan presents US policy-rate seasonality as a reason behind third-quarter equity market weakness. Since 1914, August has had the most rate hikes, while November has had the most rate cuts and December/January have had the second-most cuts. He links this to the conventional Q3 weakness in US and synchronized Korean equity markets, as the US federal fiscal year ends and policy uncertainty rises. He also notes that the Halloween strategy of entering from late October into April aligns with the November-January rate-cut tendency.
Jo Jae-wan Chesley Head of Learning & Manager 23:48
Rate seasonality supports Q3 caution, Halloween strength.
Jo Jae-wan presents US policy-rate seasonality as a reason behind third-quarter equity market weakness. Since 1914, August has had the most rate hikes, while November has had the most rate cuts and December/January have had the second-most cuts. He links this to the conventional Q3 weakness in US and synchronized Korean equity markets, as the US federal fiscal year ends and policy uncertainty rises. He also notes that the Halloween strategy of entering from late October into April aligns with the November-January rate-cut tendency.
Up Next

This Chesley Investment Advisory (체슬리투자자문) video, published August 16, 2026, features Taband, Park Se-ik, Jo Jae-wan discussing KOSPI 200 Index, KOSDAQ 150 Index, EWY, SPY. 3 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Taband, Park Se-ik, Jo Jae-wan  · Tickers: KOSPI 200 Index, KOSDAQ 150 Index, EWY, SPY