mmdcharts

After Rising To 6,100, JCI Should Fall To 5,700

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IDX:COMPOSITE   Índice IDX Composite
JCI is still in Downtrend (which started from 6,800 in Feb'18) and the Downtrend might continue until JCI touch 5,700. There is a high probability JCI will rise temporary (as Technical Rebound) to 6,100 but i predict the rise is not strong enough for JCI to Breakout 6,100.

JCI is forming A-B-C-D Pattern and it suppose to hit 1.618% (D) which is around 5,700.

The Downtrend might end if JCI is able to Breakout above 6,100.
Trade fechado: objetivo atingido:
IHSG has reached target at 5,700 (it fell more deeper to 5,5XX)
Trade fechado: objetivo atingido

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