---
title: "Kospi Index targets 6k as Wyckoff Theory points to a retreat"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/276564380.md"
description: "South Korean stocks and the won surged on Monday following the Supreme Court's decision on Trump's tariffs, with the USD/KRW falling to 1,437, a 2.6% drop from this year's peak. The Kospi Index approached the KRW 6,000 resistance level, influenced by the Wyckoff Theory suggesting a potential retreat. Additionally, South Korean exports rose by 47.3% in early February, driven by semiconductor demand, significantly surpassing January's 34% increase, while imports also grew by 11.7%."
datetime: "2026-02-23T05:07:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/276564380.md)
  - [en](https://longbridge.com/en/news/276564380.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/276564380.md)
---

# Kospi Index targets 6k as Wyckoff Theory points to a retreat

South Korean stocks and the won jumped on Monday as market participants cheered the Supreme Court decision on Trump’s tariffs. The USD/KRW dropped to 1,437, down by 2.6% from its highest point this year. Similarly, the Kospi Index moved close to the key resistance at KRW 6,000, with the popular Wyckoff Theory pointing to a retreat. South Korean exports jump as chips demand soar The Kospi Composite Index continued its strong surge on Monday after a report showed that South Korean exports continued their growth in February. They jumped by 47.3% in the first 20 days of the month from a year earlier, driven by semiconductors. That increase was much higher than January’s 34%. Imports jumped by 11.7%, leading to…

### Related Stocks

- [FLKR.US](https://longbridge.com/en/quote/FLKR.US.md)
- [EWY.US](https://longbridge.com/en/quote/EWY.US.md)
- [MKOR.US](https://longbridge.com/en/quote/MKOR.US.md)
- [KORU.US](https://longbridge.com/en/quote/KORU.US.md)

## Related News & Research

- [Brokerages report record first-quarter profits amid steep Kospi rally](https://longbridge.com/en/news/286521817.md)
- [The First Real Crack In The AI Melt-Up](https://longbridge.com/en/news/286565978.md)
- [Why South Korea’s KOSPI Is Crushing Global Stocks](https://longbridge.com/en/news/286861699.md)
- [How Trump’s trade push against Canada backfired](https://longbridge.com/en/news/286675578.md)
- [Korean Bubble Mania: Retail Investors Max Out On Margin Debt, Choose To "Risk Complete Collapse" Than Miss Stock Rally](https://longbridge.com/en/news/286971317.md)