06 Jul 2022

Daily Analysis 20220706

Written by itho suryoputro. Posted in Daily Analysis

Global Update:

July 06th, 2022

Good morning,

Stocks stage big comeback Tuesday with S&P 500 finishing slightly higher after erasing 2% loss

Stocks staged an afternoon rally on Tuesday as concerns about a possible recession in the U.S. weighed on investor sentiment but lower interest rates appeared to boost the tech sector.

Dow…….30968 -129.4 -0.42%
Nasdaq.11322 +194.4 +1.75%
S&P 500..3831 +6.1 +0.16%

FTSE…….7025 -207.2 -2.86%
Dax……..12401 -372.2 -2.91%
CAC……..5795 -159.7 -2.68%

Nikkei….26423 +269.7 +1.03%
HSI……..21853 +22.7 +0.10%
Shanghai..3404 -1.4 -0.04%
ST Times..3104 -16.1 -0.52%

IDX…….6703.27 +64.1 +0.97%
LQ45…..957.11 +6.96 +0.73%

IDX Energy…1667.48 +65.34 +4.08%
IDX Bsc Mat.1179.06 +16.34 +1.41%
IDX Industrl..1184.42 +23.73 +2.04%
IDXNONCYC..702.31 +4.97 +0.71%
IDX Hlthcare.1504.72 +11.62 +0.78%
IDXCYCLIC…..865.26 +3.36 +0.39%
IDX Techno….7492.55 +52.66 +0.71%
IDX Transp…1852.36 +30.30 +1.66%
IDX Infrast……957.17 +11.35 +1.20%
IDX Finance 1382.86 +11.34 +0.83%
IDX Property…….665 +6.50 +0.98%

Indo10Yr….7.3940 +0.0120 +0.16%
ICBI……….330.6812 -0.2717 -0.08%
US10Yr…..2.8090 -0.0800 -2.77%
VIX…………27.54 +0.01 +0.04%

USDIndx 106.5350 +1.3160 +1.25%‼
Como Indx..278.16 -13.67 -4.68%‼
(Core Commodity CRB)
BCOMIN……..149.11 -2.60 -1.72%

IndoCDS…146.52 +2.50 +1.74%‼
(5-yr INOCD5) .

IDR……14993.50 +22.00 +0.15%‼
Jisdor..14990.00 +30.00 +0.20%‼

Euro………1.0269 -0.0155 -1.48%

TLKM……..27.00 -0.25 -0.92%
(4077)
EIDO………21.64 -0.45 -2.04%
EEM……….39.54 -0.31 -0.78%

Oil…………100.74 -9.77 -8.84%‼
Gold …….1767.20 -41.40 -2.28%‼
Timah. .26600.00 -50 -0.19%
( Closed 04/7)
Nickel…22726.50 +74.00 +0.33%
(Closed 05/7)
Silver…….19.92 -0.72 -3.61%‼
Copper…343.80 -13.10 -3.67%‼

Nturl Gas…..5.571 -0.328 -5.58%‼

Ammonia ..4790.00 – -%
China
(Domestic Price)(30/6)

Coal price…397.60 +1.15 +0.29%
(Jul/Newcastle)
Coal price…392.55 +1.10 +0.28%
(Agt/Newcastle)
Coal price…38.00 +4.00 +1.06%
(Jul/Rotterdam)
Coal price…360.70 -1.95 -0.64%
(Agt/ Rotterdam)

CPO(Sept)…..4171 -169 -3.89%‼
(Source: bursamalaysia.com)
Corn…………578.50 -29.00 -4.77%‼
SoybeanOil….57.42 -4.96 -7.95%‼
Wheat……….807.00 -39.00 -4.61%‼

Wood pulp…6616.00 -8.00 -0.12%
(Closed 04/7)

©️Phintraco Sekuritas
Broker Code: AT
Desy Erawati/ DE

Source: Bloomberg, Investing, IBPA, CNBC, Bursa Malaysia
Copyright: Phintraco Sekuritas
.

Kemaren idx ijo tebel, asia tapi sebagian merah,. Singapore sama china merah tipis, Europe merah tebel. Masih galaw ini market. Yang bisa TP mending TP dulu, masih terbuka kemungkinan IHSG drop lagi tutup gap di 6162. Mending day trade dulu jangan pegang panjang panjang

US nutup drop sebelumnya, tapi DJI closing merah, nasdaq sama S&P 500 ijo

Coal lanjut naik, oil drop lagi, energy long term nya ok tapi oil harus hati2 dulu sekarang, coal udah ok keliatannya, kita liat hari ini.

CPO drop lagi, gold silver copper juga, timah nikel tipis tipis

Baru rebound kenceng sehari, asli rebound atau dead cat bounce? Kita tunggu perkembangannya. Memang sulit untuk expect buy at the very bottom and sell at the very peak. Kalo FOMO bisa nyangkut beneran

Konfirmasi reversal selalu lag, jadi paling bisa ya pake teknik bottom fishing sebagian, pas abis konfirmasi sebagian lagi, risk management

Energy… sama industrials

Rata2 coal ok, ELSA ok, tapi dengan drop nya harga oil kita hati2 deh, kemaren udah entry di 280, kalo mau TP dulu sambil tunggu konfirmasi reversal

Belum ada yang firm di semua sisi, ADRO HRUM Stoch udah Buy, tapi asing sama bandar belum kompak akum, ITMG yang udah dna ada spike juga, tapi kemaren lari 10%, kemungkinan koreksi dulu

ITMG – hampir semua mendukung, tapi ada kemungkinan koreksi ABC mau lanjut ke bawah ini… Semoga flat style jadi agak panjang ke atasnya. Kita tunggu MACD aja deh amannya