8 December 2020
JCI is still continuing its bullish momentum after news of the arrival of the Covid-19 vaccine from Sinovac. Today, JCI is projected trying to get closer to the psychological level of 6,000 with a range of movement at 5853-5980.
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8 December 2020
JCI is still continuing its bullish momentum after news of the arrival of the Covid-19 vaccine from Sinovac. Today, JCI is projected trying to get closer to the psychological level of 6,000 with a range of movement at 5853-5980.
7 December 2020
Over the past week, the JCI was still able to increase by 0.5% even though it opened to a fall at the beginning of the week. Meanwhile, several economic data releases such as Foreign Exchange Reserves, Consumer Confidence Index and Retail Sales will influence the movement of the stock market this week. For today, JCI is expected to move in the range 5,775-5,853.
4 December 2020
The JCI seems to be getting saturated after posting gains for 3 consecutive days. Market participants received bad news from the daily Covid-19 case number which again set a new high. JCI movement has the potential to decline today on a range of 5,735-5,870.
3 December 2020
JCI continued to rise supported by the Moderna and Pfizer vaccines which is said to soon receive an emergency distribution permit in Europe. Furthermore, JCI may test the next resistance level at 5,870 with the support level at 5,735.
2 December 2020
JCI managed to rebound at the beginning of the year after contracting at the end of November. After 2 days of highly volatile movement, JCI is predicted to move in the range of 5,675-5,770.