Jakarta Composite index 2021 outlook: PREPARE FOR A CRASH!

Short

IDX Composite Index (IDX:COMPOSITE)

IDX:COMPOSITE IDX Composite Index

chartpattern jci ihsg jakarta_composite jakartacompositeindex

Jakarta composite index is having a hard time to break the strong resistance with overheating RSI.
This is what unsustainable price appreciation looks like.
Prepare for a crash.
I will close all my position if the price breaks the red parabolic support.

DISC: I don't have any investment in this market

Disclaimer

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.