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

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 closed: target reached:

IHSG has reached target at 5,700 (it fell more deeper to 5,5XX)

Trade closed: target reached