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steveivan

IHSG bull trend is almost end!

Short
IDX Composite Index (IDX:COMPOSITE)  
steveivan  
IDX:COMPOSITE   IDX Composite Index
Technical Indicators Trend Analysis ihsg composite JKSE Bearish Patterns elliotwaveanalysis
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indicator trendanalysis ihsg composite jkse bearish elliotwaveanalysis
I try to analize using Elliot Wave perspective, and it seems like the bull trend is almost over..

YES, it could be reach to the psychological level of 7000 or maybe more 7200-7300, but for now the risk is greater than the reward..
The correction to 5000 ish level or lower can happen anytime..

We are in the end of wave 5 of 5..
And if we take a look into the fundamental event, it almost match perfectly, The Fed is going to increase the rate soon...

So.. Please tighten your seat belt
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