Major markets in the US still continued rally on trading (08/10/2020). One of the triggers is the rising crude oil price, as well as hopes for airline industry stimulus package. Meanwhile new number of jobless claims is higher than the consensus.
In the domestic market, JCI movement today is impacted by negative sentiments from the demonstration on Job Creation Law that ended in a riot. Meanwhile, new Covid-19 daily cases also booked new record yesterday at 4,850. Technically, JCI can still slightly rise with the MACD indicator in the positive and foreign transactions moving to net buy.
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