US major markets fell sharply in trading (26/10/2020), triggered by the decline in transportation sector stocks. It is feared that the increase in new Covid-19 cases reported in several places will have a negative impact on economic recovery. Analysts estimate that only 3 sectors will experience growth: Technology, Health and Consumer Goods.
Meanwhile, the JCI gained sentiments from the release of financial reports of several large companies and net purchases by foreign investors. Ahead of the long holiday, JCI is expected to move within a range of support at 5,093 and resistance at 5,176.
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