Spread Indonesia Interest Rate with US Interest Rate reached lowest level all time high. Rupiah has been weakening along with the spread is getting lower and lower. My take : rising spread means Rupiah strengthening.
These are the charts that you should see in the morning, the first thing you do, opening Tradingview in the perspective of Indonesian Investors. From the Global Risk Free Asset ( TVC:US10Y ) the moving on to Indonesia Risk Free ( TVC:ID10Y ) then Currencies, Stock Market, Gold and then ( COINBASE:BTCUSD ) as alternative investment asset. What do you think?
IDX:COMPOSITE tends to follow the movement of Indonesia Import YoY ( ECONOMICS:IDIMP ). It makes sense since Indonesia's economy is a domestically economy driven, especially by Consumption. When Import rises, JCI might rises.
While RSI 14 reach above 70, TVC:US10Y formed a lower low compare to when the last time RSI 14 were above 70 (Apr'24). They say this is a hidden Divergence, a Bearish one. I predict the Yield will fall to 3.6% but still within the Bullish Continuation pattern in the medium to long term. Meaning that the strengthening price of US Bond is temporary before they...
I foresee Bearish Divergence between TVC:ID10Y and RSI 14 Meaning that the rise of the Indonesia bond yield will reverse, before it touch Resistance. The rise has been a Pullback (a rise after Breakdown Support, just to test a new Resistance). The story will be different if Yield successfully Breakout 6.9%
I see Bullish Continuation pattern is in the forming for $TVC:US10Y. This indicates that Bearish in US Bond is still lurking and waiting to appear in the global stage.
Soon MYX:FCPO1! will test it's long term Resistance (since 2022) at MYR4,500. The question, can it Breakout now? Try to look at Monthly Chart and you will see that since 2022, CPO Malaysia has been Up Trending according to SMA60. You can expect the fall from early 2022 up to now is within Technical Correction phase. And the time is up. I predict CPO Malaysia...
TVC:DXY is forming Bearish Continuation Pattern (Triangle?) that could indicate another Bearish movement once it broke Support at 100. Current rise might not be a Bullish because it is still within the range of the pattern. Unless DXY could reach more than 105.
After rose so high, SSE Index will fall soon or at least revert back to its previous trend.
They said when Spread Yield TVC:US10Y 10Yr and TVC:US02Y 2Yr return to positive area after spending some time in negative area, within 3 to 6 months, TVC:SPX will crash
Fed Rate, US PCE and Core PCE as well as Inflation and Core Inflation. These charts surely are closely monitor by anyone around the globe.
This comparison chart is made to check stocks that move $IDX:COMPOSITE. I use IDX:IDXV30 , IDX:IDXG30 and IDX:IDXQ30 to see which group of stocks that are leading and laggards.
I want to check which series give the highest Yield to Maturity among Indonesia Government Bonds
Comparison between composite and Indo bond 10yr. JCI is predicted to rise while Indo Bond is predicted to fall.
This is my market monitoring The charts consist of multiple liquid stocks (big caps as well as medium cap stocks) that give hints about sectoral market of Composite
These charts are the sector indices of important stocks in Composite. I monitor this to see the sectoral movement.
Composite is about to start its long term Uptrend while id10y is continuing Downtrend
TRJEFFCRB almost confirms the Downtrend which indicates the US Inflation is about to ease down. Meanwhile, as inflation falls, the rise of Fed Fund Rate should also near its ends.