the IDX failed to close at 7000 yesterday and today its back to 6939 level, but if we look at the bigger picture, IDX is still on uptrend, as long as it can maintain the minimum level at 6882 we are still in a good path
If we see A/D line, this indicator also still convergence with the IDX
Hopefully in a few weeks /month before year end, we can see the IDX back to level 7000 even more
Since our index mostly is supported by finance industry (more than 50% weight), with the help of the Big banks performances (Good sign), our beloved IDX will come back stronger
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.