US stock markets managed to rebound in trading (05/01/2021), although investors still await for the Senate seats election results. Some of the sentiments that supported the strengthening included: Manufacturing data that still shows an expansionary position, the cancellation of the plan to remove Chinese company shares from the US stock exchange, and the increase in oil prices.
From the domestic market, the JCI was still able to continue rally at the beginning of the year after the government announced the Covid-19 vaccination plan will start on January 13, 2021. For today, the JCI has the opportunity to consolidate with a movement range of 6,073 – 6,145.
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