Daily Analysis 20220718

Global update:

July 18th, 2022

Good morning,

Dow pops more than 600 points in relief rally Friday but closes with weekly losses

Stocks rallied on Friday in response to a new round of bank earnings and promising economic data as fears of a 100 basis point rate hike from the Federal Reserve to subdue rising inflation subsided.

Dow…….31288 +658.1 +2.15%
Nasdaq.11452 +201.2 +1.79%
S&P 500..3863 +72.8 +1.92%

FTSE…….7159 +119.2 +1.69%
Dax……..12865 +345.1 +2.76%
CAC……..6036 +120.6 +2.04%

Nikkei….26789 +145.1 +0.54%
HSI……..20298 -453.5 -2.19%
Shanghai..3228 -53.7 -1.64%
ST Times..3099 +8.5 +0.28%

IDX…….6651.90 -38.18 -0.57%
LQ45…..938.95 -9.63 -1.01%

IDX Energy…1626.38 -48.12 -2.87%
IDX Bsc Mat.1215.14 -2.22 -0.18%
IDX Industrl..1179.96 -16.28 -1.36%
IDXNONCYC..702.42 -6.71 -0.95%
IDX Hlthcare.1525.90 -12.90 -0.84%
IDXCYCLIC…..865.72 +3.51 +0.41%
IDX Techno….7635.85 +30.51 +0.40%
IDX Transp…1929.15 -2.12 -0.11%
IDX Infrast……952.59 -2.43 -0.25%
IDX Finance 1407.80 +13.53 +0.97%
IDX Property…….658 -2.20 -0.34%

Indo10Yr….7.3804 +0.0480 +0.65%
ICBI……….330.6697 -0.8655 -0.26%
US10Yr…..2.9300 -0.0300 -1.01%
VIX…………24.23 -2.17 -8.22%‼️

USDIndx 108.0630 -0.4810 -0.44%‼️
Como Indx..277.64 +4.38 +1.60%
(Core Commodity CRB)
BCOMIN…..140.30 +0.74 +0.53%

IndoCDS…162.01 +2.93 +1.84%‼️
(5-yr INOCD5)

IDR……14996.50 -23.50 -0.16%‼️
Jisdor..14999.00 unch +0%‼️

Euro………1.0080 +0.0062 +0.62%

TLKM……..27.31 +0.65 +2.44%‼️
(4096)
EIDO………21.62 +0.14 +0.65%
EEM……….38.63 +0.20 +0.52%

Oil………….97.59 +1.43 +1.49%
Gold …….1703.60 -4.60 -0.27%‼️
Timah. .25364.00 – -0.82%
( Closed 13/7) – –
Nickel..19802.00 +590.00 +3.07%
(Closed 16/7)
Silver…….18.59 +0.23 +1.25%
Copper….323.40 -0.10 -0.03%

Nturl Gas…..7.115 +0.450 +6.75%‼️

Ammonia….3940.00 +66.67 +1.72%
China
(Domestic Price)(14/7)

Coal price…406.55 -9.80 -2.35%
(Jul/Newcastle)
Coal price…380.50 -30.25 -7.36%‼️
(Agt/Newcastle)
Coal price…385.55 -7.55 -1.92%
(Jul/Rotterdam)
Coal price…349.75 -17.25 -4.70%‼️
(Agt/ Rotterdam)

CPO(Sept)…..3651 +107 +3.02%‼️
(Source: bursamalaysia.com)
Corn…………603.75 +2.75 +0.46%
SoybeanOil…58.23 +2.45 +4.39%
Wheat……….776.75 -18.25 -2.30%

Wood pulp…6600.00 unch +0.%
(Closed 16/7)

©️Phintraco Sekuritas
Broker Code: AT
Desy Erawati/ DE

Source: Bloomberg, Investing, IBPA, CNBC, Bursa Malaysia
Copyright: Phintraco Sekuritas
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Seperti dugaan, US closing ijo tebel abis semingu terpuruk. Semoga kita ikut rebound, kemaren eropa udah ijo juga.

Oil Nikel Gas rebound, gold timah copper turun, coal turun lagi, walau masih diatas 400 USD/mt, udah mau mendekati winter di belahan bumi utara biasanya konsumsi coal meningkat dan harga saham coal juga rally lagi

Anyway, technically, MACD nya udah menyempit sehingga dalam waktu dekat kemungkinan akan cross jadi buy signal, harusnya rebound dulu, bukan ngejar gap di bawah dulu

Finance, Basic Materials, Industrials, Energy

Cuma mau liat BTPS aja, arahnya udah bagus, BBCA BBRI udah digerakin jagain index walau kemaren dilepas lagi jadi merah

BTPS – MACD udah GC, belum ada kenaikan volume yang tinggi, tapi technical ok semua sih. FInance jalan, BTPS biasanya ga pernah ketinggalan

INCO TINS ANTM BRPT TPIA INKP TKIM

ANTM – Hari ini tutup gap dulu lah mnimal ya, semoga tapi nerusin naiknya. Technical ok sih, kecuali MACD yang ngebalik karena ARB, tapi kalo hari ini naik dia ngebalik lagi

INCO – udah bottoming, semoga mulai rebound dan gerak panjang

TKIM – Undervalued, technical ok semua kecuali LR yang lagi di mid belum jebol

BRPT – Waktunya koreksi dulu, kita ikut di wave 3

MDKA – tinggal tunggu MACD cross dan volume firm untuk reversal

UNTR

 

UNTR – retracement pattern mungkin bawa ke 27.825 atau 28.900 lagi sebelum lanjut rally

Nunggu momentum aja ini tinggal energy keliatannya, udah jenuh dibawah

Update Stoch Buy Signal

Property Energy… Hmm

SMRA – Buat bottom fishing ok, kalo buat buy full muatan bandar sama foreign masih distribusi. Udah jenuh banget sih

MEDC – udah jenuh juga sama, masih sideways tapi keliatannya

Pertama ANTM, INCO, sekarang TINS sudah GC MACD nya, ayo jalan ah…