Indonesia Stock Exchange — Bullish Projection Toward 7,000The Indonesia Stock Exchange (IDX) is developing a constructive upward formation, with the broader price structure creating room for a further advance toward the 7,000 level. Recent market behavior is reflecting improving demand and a gradual strengthening of the upside profile.
The current technical setup is centered on the progression of price and the development of positive directional momentum. The index is positioned within a structure that allows for additional appreciation, with higher l
IDX Composite Index
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🇮🇩 IHSG at a Crossroads: Reading the Chart Before MSCI’s DecisThe Indonesian stock market is entering one of its most pivotal moments in years. With MSCI’s reclassification decision arriving next week, every investor — local or foreign — is watching closely. But before we react to headlines, let’s read what the chart is actually telling us.
📊 What the Chart Shows
The Jakarta Composite Index is currently trading at 6,127, sitting at a critical technical junction on the 2H timeframe.
From an Elliott Wave perspective, the structure suggests that a 5-wave i
Will the IHSG rebound? IDX:COMPOSITE IDX:COMPOSITE
The IHSG has experienced weakness over the past few weeks. However, it is still currently in a bullish trend. I see the IHSG starting to form a bearish head and shoulders pattern, while also having the potential for a short-term rebound.
The rebound targets for the IHSG are:
* Resistance 1: 7,000
* Resistance 2: 7,500
However, if the index breaks below the 5,850 support level on a closing basis, this pattern will be considered invalid.
IDX Composite (IHSG): Nearing the End of Wave 5Overview
Looking at the daily (1D) chart for the IDX Composite (IHSG), the index is currently undergoing a prolonged corrective phase. Based on Elliott Wave theory, we can clearly identify a bearish 5-wave impulse sequence unfolding.
Technical Breakdown
Completed Waves: We have seen the completion of waves (1) through (4). As typical in Elliott Wave structures, wave (3) was the sharpest and longest leg down. The recent lower high confirms the end of wave (4).
Current Position (Wave 5): The
Composite / IHSG outlook in 2026 (Important description below)!Iran has agreed to a two-week ceasefire, which is expected to cause asset prices to surge sharply over the next 1–2 weeks as the market anticipates that the conflict may de-escalate or even come to an end. The IHSG has already been heavily discounted, even though Indonesia is a highly attractive economy and is projected to have one of the largest GDPs by 2045 (likely among the top five after China, India, and the U.S.),
This presents an opportunity for you to buy at very low prices, particular
IDX Composite (JKSE) Bad for Indonesia RupiahNews:
-Bad for IDR, It means foreigners can obtain rupiah at a lower price compared to the US dollar and can sell part of their holdings and transfer them to large companies that are still undervalued, gaining more shares through this phenomenon.
-Foreign rebalancing IDX portofolio
$IHSG (JKSE)The IHSG Has Strengthened over the past few weeks.I observe the formation of an abcd pattern on the weekly time frame. Based in historical data,once this pattern is completed, it is usually followed by a healthy correction. I see this healthy correction occurring at three support levels
Support 1 : 7950
Support 2 : 7550
Support 3 : 7200
Disclaimer On IDX:COMPOSITE
IDX Composite (JKSE) MSCI's Indonesia Rule Change NEWS:
MSCI is changing how it calculates the free float specifically for Indonesian shares, as it assesses that the data on public ownership has been inaccurate.
Key Changes:
The free float will be calculated by taking the lower figure between the data from company reports and the data from KSEI (which categorizes "corporate," "others," and "scrip" ownership as non-free float).
This rule will be tested until the end of 2025 and officially implemented in the May 2026 review.
MSCI is also changin
Indonesia’s Stock Market at a Crossroad: Will Composite Index (IIHSG Weekly Outlook: Testing the Upper Channel as Momentum Weakens
Market Overview
The Indonesia Composite Index (IHSG) has maintained a broad uptrend structure for nearly a decade, supported by the nation’s resilient macroeconomic backdrop and continued investor appetite for domestic equities. Since 2015, the index has moved within a long-term ascending channel, establishing higher highs and higher lows across major cycles.
However, as of late October 2025, IHSG is testing a critical inflectio
IDX Composite (JKSE) Forecast: Q4 2025 Trend ProjectionFundamental:
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Technical Analysis:
-This analysis was created using candle calculations multiplied by the Fibonacci golden ratio.
-There is a high potential for November 3, 2025, to be a retracement stopping point, which is close to the Full Moon phase on November 5, 2025. The Bullish trend is then expected to continue until December 29, 2025, a date close to the next Full Moon phase on January 3, 2026.
Note:
-The projected dates have a tolerance of ±1 to ±2 days.
-This analysis becomes invali
Forecasting a Halt in the IDX Composite (JKSE) DeclineFundamental Analysis:
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Technical Analysis:
A bearish stochastic divergence has appeared on the Daily chart, signaling that a downward trend is currently taking place, the IDX Composite decline is forecast to halt or reverse direction on October 21st, aligned with the 'New Moon' lunar cycle.
Conclusion:
closely monitor the market on October 21st and ensure you have cash ready.
IDX:COMPOSITE IDX:CDIA IDX:PANI
Three Key Charts To Watch for Indonesia Right NowThe market appears to be at a significant decision point, reacting to the recent cabinet changes (especially Minister of Finance). The price action across these three key charts suggests investors are cautious.
IDX Composite (JCI): The index has pulled back from its recent highs and is now testing a critical support level around 7,448. While the longer-term trend remains bullish, a break below this support would increase the probability of a bearish reversal, signaling growing investor concern.






















