Dow Jones closed slightly lower in trading (12/11/2020), but Nasdaq reversed and booked a gain. Investors started to buy technology shares that have declined quite significantly.
Meanwhile, foreign net sell actions that reached IDR2 trillion for 2 days straight have boosted JCI to a position before the fall on March. For today, the JCI still has a chance to test level 5,526. However, investors should be alert of the indicator that shows the market’s position to be further in the overbought area.
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