Tomorrow is a truly important day, and 6,500 is key

Summary

Yoo Chang-hee, CEO of Ustock, analyzes the Korean market after two days of panic selling and circuit breakers. He argues that the extreme monthly drop is historically one of the worst and expects a technical rebound toward 6,400–6,500 on KOSPI. He highlights robot stocks as the early recovery leaders and awaits Samsung Electronics' conference call as a possible sentiment changer. The strategy is to wait for the bounce and then decide whether to exit or add.

• Two-day circuit breaker selloff driven by panic and margin calls.
• KOSPI intra-month drop of 37% matches only the 2008, COVID, and IMF crises, signaling oversold extremes.
• A technical rebound toward the monthly 5-day average at 6,400–6,500 is expected, followed by consolidation.
• Robot stocks (SPG, Rainbow Robotics, Robotis) are leading the recovery and attracting buying.
• Samsung Electronics' conference call could provide a catalyst for a broader semiconductor reversal if management sounds confident on memory pricing and shareholder returns.
• Foreigners bought KOSDAQ, and further foreign buying could strengthen the recovery.
• The plan is to watch the bounce to 6,500 and then decide whether to take profits or stay invested.