US markets closed mixed in trading (21/09), with slight losses in the DJI and S&P500; while Nasdaq managed to rebound. Investors still tend to be cautious ahead of the announcement of the results of the Federal Reserve’s meeting, especially regarding plans to reduce bond purchases. In addition, the market is still closely watching the development of the situation with the real estate company Evergrande in China.
From the domestic market, although still closed in the red; the selling pressure on the JCI seems to have eased slightly. Bank Indonesia decided to keep the interest rate at 3.5%; so the attention of market participants will turn to the announcement of monetary policy from the US central bank. Technically, JCI has a chance to rebound within the range of movement at 5,950 – 6,150.
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