---
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…

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