COMPOSITE trade ideas
$IDX:COMPOSITE
This scenario was created due to the effects of the trade war and when the tariff was announced, the IDX Indonesia stock market was on a long holiday.
I predict that IHSG could GAP DOWN when it open on 8th April here some of my view :
Black line scenario 1 Correction 6265 5% Close Gap & Trading Halt tomorrow rebound and continue to decline to the support limit of 5700.
Red line scenario 2 Correction 6265 (5%) Close Gap & Trading Halt tomorrow continue the next decline 6000 rejection at 5700.
Green line scenario 3 Healthy correction 6350 and tomorrow break resistance to 6700.
IDX:COMPOSITE
Big Bearish IHSGMy POV to IHSG
Big Elliot Wave 5 is finished & almost finished making a big Correction to point A.
Will continue to make LH to point B & if confirmed point B is continued there is a rejection at resistance, meaning it is mandatory to sell all stocks in any position (profit / loss).
Focus on saving, collecting money & wait again when Correction C is finished.
When? Maybe point B will be finished in 4-6 months.
We will see, this is not spreading fear, but more the best investment strategy.
Later it will be updated again based on news, fundamentals & macro news in Indonesia and globally.
“IDX Composite Index: Assessing the Depth of the Downtrend”The IDX Composite Index is expected to remain under pressure, forming wave of wave A. The nearest corrective target for the index is projected in the 5,879–5,975.
This outlook aligns with prevailing market sentiments, as Indonesia’s economic and political landscape has yet to support a trend reversal. Additionally, global sentiment remains negative, further weighing on the index.
IHSG where are u going guys?Disc On. There will be at least 2 scenario that will occur to IHSG next "big flow" which might be breakout the existing resistance and keep skyrocket to new ATH (everybody hope so) but i have one view also that IHSG will do one more trading halt till the support area. Hence, this is not a very practical analysis only a rough view and I personally take this opportunity to view and see first before getting fully at the market. Like every good inverstor said, cash is also a position.
IHSGNot a positive sentiment and also technically not looking good
Bearish bias remains dominant :
Potential retracement to 6310 - 6400 before further decline
Downside targets: 6000 - 5900 (key support level)
If 5900 is broken, a further drop to 5600 - 5500 is possible
I hope im wrong :(
lately there have been a lot of buyback news in conglomerate and bluechip stocks (bbca,Adaro group and Barito group). But in reality it still hasnt been able to counter foreign movements
So, its best to wait and see for now
IHSG (JCI ) MAPPING 20 MARCH 2025IHSG (JCI ) analysis on March 20, 2025 theoretically shows that it has completed the triple zigzag wave correction (WXYZ) with 11 swings of the Elliott wave correction series and touched the theoretical level of 0.618 (area 6,018.22) Fibonacci extension measurements. In addition, it has also touched its Fresh Demand Weekly area and reacted upwards. So the hope for the future is that IHSG (JCI ) will continue it's big bullish trend journey again after being corrected.
May we be blessed.
MAPPING JCI 20 MARCH 2025JCI analysis on March 20, 2025 theoretically shows that it has completed the triple zigzag wave correction (WXYZ) with 11 swings of the Elliott wave correction series and touched the theoretical level of 0.618 Fibonacci extension measurements. In addition, it has also touched its Fresh Demand Weekly area and reacted upwards. So the hope for the future is that JCI will continue it's big bullish trend journey again after being corrected.
May we be blessed.
WILL IHSG SURVIVE IT 6,500 LEVELS? 1. Trend & Market Structure
IHSG is still in a downtrend, indicated by lower highs and lower lows.
The price recently attempted to break the downtrend line, but there are signs of a false breakout as it dropped again near resistance.
2. Support & Resistance Levels
Nearest Support: 6,500 - 6,530 (currently being tested).
Strong Support: 6,260 - 6,170 (if further breakdown occurs).
Nearest Resistance: 6,583 - 6,683 (a level that needs to be broken for short-term bullish confirmation).
Major Resistance: 6,907 (a strong resistance that could signal a trend reversal if broken).
3. Indicators & Further Signals
Short-term EMA/MA: The price is moving around a small moving average (possibly MA5 or MA10), indicating uncertainty about whether it will continue rising or get rejected downward.
Candle Pattern: A doji or rejection candle is forming near minor resistance, which could signal potential weakness.
Breakout Trendline?: The price has briefly moved above the downtrend line, but confirmation is needed to determine if this is a valid breakout or just a retest before dropping again.
4. IHSG Projection
Bullish Scenario: If IHSG can hold above 6,530 and break through 6,583-6,683, it could continue rising towards 6,900.
Bearish Scenario: If it fails to stay above 6,530, it may drop further to the strong support zone of 6,260-6,170.
Conclusion:
Right now, IHSG is at a crucial level. It’s important to see whether it can hold above 6,530 or break down further. If you're trading in the short term, wait for confirmation to see if IHSG will break out or face rejection from this level.
IHSG (Composite) Strong Support At 6500 (WEEKLY CHART)IHSG strong support at 6500. Mostly will get rebound first, but IF IHSG breakdown the strong support (6500) then maybe we can forget to trade on indonesian stock for a while. Because if IHSG break the strong support and continue the bearish trend, then the next target area strong support is at 5700-5600 area. Lets pray it wont happen
DISCLAIMER ON
IDX COMPOSITE is not going well.IDX:COMPOSITE
There is Ascending Broadening Wedge (ABW) pattern in weekly time frame. Be careful. Once it break the lower line pattern (yellow dash line), it can be measured, by the theory it will go down to 5620.
I don't know what will happend in the future that will lead the bearish. I hope it's not another "covid19". 🤞🤞🤞
IHSG JCI Correction was over ???IHSG forming a bottoming pattern and potentially continuing its uptrend to the 8000++ level seems quite realistic when looking at market movement patterns. Based on technical analysis, if the IHSG has successfully broken through the resistance level of 7250 in early December 2024, this indicates the possibility of further bullish movement.
However, as you mentioned, before moving to higher levels, there is a possibility of a retest in the support area around 7250-7200. This retest process usually indicates whether that level can hold as a solid support. If the IHSG manages to maintain this level and does not fall below it, then the potential uptrend to the 8000++ level could be realized, with more stable gains.
IHSG / COMPOSITE 5 wave rally ? (ELIOT WAVE)First Opinion :
IHSG maybe going to higher price to 8k to complete the 5 wave rally eliot wave (now on phase 4)
the momentum indicator (stochastic) show the sign of bullish divergence. And if the price close higher on 31 oct 2024, there is a big chance IHSG making a bullish continue pattern (Penant).
But we must wait for the validity confirmation on Swing Low on 31 october 2024 (closing price), and the pattern penant must break the trendline (top) for validity.
Second Opinion :
Or IHSG will continue down to key area strong support and rejection at 7350-7400 before rebound to continue the higher price. Still 5 wave rally (eliot wave) in play (because i think IHSG now on phase 4 eliot wave)
DISCLAIMER ON
INDONESIA 2025 ?Hai disini saya mennganalisa berdasarkan data!
FAKTOR-FATOR:
1. Menurut data riset di juni atau juli di tahun 2025 kita masuk kedalam sola rcycle ke 26,
Korelasi IHSG pada puncak cycle tersebut yaitu negatif atau bear.
2. Keresahan terhadap virus atau sejenisnya di Indonesia.
3.?
!! DISCLAIMER BUKAN SUATU AJAKAN INVESTASI !!
update menyusul!