What will South Korea ETF (EWY) hit in August 2026?: how this market works
What you need to know
This market is asking whether EWY, a U.S.-traded fund that tracks South Korean stocks like Samsung and Hyundai, will touch specific price levels at any moment during August 2026. There are three separate price targets: $152 (down), $150 (down), and $164 (up). Each one is its own Yes or No question about whether EWY's price reaches that level even briefly, during normal trading hours, on any single minute in August 2026. Each target resolves Yes if, during any single one-minute window in August 2026 between 9:30 AM and 4:00 PM Eastern Time, EWY's price touches or crosses that level. The data source is Pyth, a real-time price feed using one-minute candles. Pre-market and after-hours trading do not count. If EWY has a stock split, the target prices adjust accordingly. If Pyth is unavailable, the official daily high or low from the primary exchange is used instead. One relevant headline stands out: a report about China testing a hypersonic anti-ship missile from a smaller destroyer. Military tensions in the region can move South Korean markets quickly, since South Korea sits close to potential flashpoints. The other headlines, about a Chinese automaker investing in Korean firm KG Mobility and news about Myanmar, are less directly connected to broad South Korean stock performance. The market prices the two downside targets ($152 and $150) at 93% and 89%, meaning participants see a dip as very likely, not a coin toss. The upside target ($164) sits at 73%, which is high but less certain. The honest uncertainty here is mostly about whether something unexpected pushes against these probabilities: a sudden geopolitical flare-up, a currency shock to the Korean won, or a global market swing. August has a full month of trading days, so even a brief touch counts.
The odds right now
- ↓ $152+35.7 pts (1w)86%
- ↑ $164+33.6 pts (1w)84%
- ↑ $166+30.5 pts (1w)81%
- ↓ $150+28.5 pts (1w)79%
- ↑ $174+25.5 pts (1w)76%
- ↑ $168+23.5 pts (1w)74%
- ↑ $170+22.5 pts (1w)73%
- ↑ $176+20.9 pts (1w)71%
- ↑ $172+13.0 pts (1w)63%
Price history
↓ $152
How this resolves
Resolves September 1, 2026
This market will resolve to "Yes" if, at any point during August 2026, any 1-minute candle for South Korea ETF (EWY) has a final "Low" price equal to or below the listed price. Otherwise, this market will resolve to "No". Read the full resolution rules on the live market page.
Related
Other outcomes in this market
- ↓ $15286%
- ↑ $16484%
- ↑ $16681%
- ↓ $15079%
- ↑ $17476%
- ↑ $16874%
- ↑ $17073%
- ↑ $17671%
- See all 9 outcomes →
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