Daily Analysis 20221010

Global update:

October 10th, 2022

Good morning,

Stock futures are lower Sunday night as the markets come out of a tumultuous week that started with a relief rally but saw losses in the latter half.

Dow…….29297 -630.2 -2.11%
Nasdaq.10652 -420.9 -3.80%
S&P 500..3640 -104.9 -2.75%

FTSE…….6991 -6.2 -0.09%
Dax……..12273 -197.8 -1.59%
CAC……..5866 -69.5 -1.17%

Nikkei….27116 -195.2 -0.71%
HSI……..17740 -272.1 -1.51%
Shanghai..3146 closed +0%
ST Times..3151 -5.8 -0.18%

IDX…….7026.78 -49.84 -0.70%
LQ45…..999.39 -11.29 -1.12%

IDX Energy…2036.48 +29.61 +1.48%
IDX Bsc Mat.1254.66 +0.70 +0.06%
IDX Industrl..1283.30 -6.19 -0.48%
IDXNONCYC..698.03 -3.30 -0.47%
IDX Hlthcare.1456.48 -6.37 -0.44%
IDXCYCLIC…..865.38 -2.06 -0.24%
IDX Techno..7077.07 -51.07 -0.72%
IDX Transp…1838.12 -21.02 -1.13%
IDX Infrast…….969.31 -12.63 -1.29%
IDX Finance 1485.31 -10.93 -0.73%
IDX Banking.1146.68 -12.27 -1.06%
IDX Property….688 -4.70 -0.68%

Indo10Yr….7.3502 +0.0151 +0.21%
ICBI……..334.2306 -0.3611 -0.11%
US10Yr……3.8830 +0.0570 +1.49%
VIX……….31.36 +0.94 +2.75%‼️

USDIndx 112.7950 +0.5370 +0.48%‼️
Como Indx..285.62 +3.36 +1.19%
(Core Commodity CRB)
BCOMIN…..147.40 -3.38 -2.24%
.
IndoCDS 157.99 +7.35 +4.88%‼️
(5-yr INOCD5) (07/10)

IDR……15251.00 +63.50 +0.42%‼️
Jisdor..15246.00 +49.00 +0.32%‼️

Euro……..0.9744 -0.0053 -0.54%‼️

TLKM……..28.29 -0.46 -1.60%
(4313)
EIDO………23.14 -0.43 -1.82%
EEM………35..65 -0.76 -2.09%

Oil…………92.64 +3.61 +4.05%
Gold ……1706.30 -13.60 -0.79%
Timah….19425 -736.00 -3.65%‼️
(Closed 07/10)
Nickel…22434.00 -241.50 -1.07%
(Closed 07/10)
Silver…….20.17 -0.48 -2.32%
Copper….338.00 -5.65 -1.64%

Nturl Gas…..6.838 -0.23 -3.36%

Ammonia..4373.33 unch +0%
China
(Domestic Price)(07/10)

Coal price….385.80 -14.20 -3.55%‼️
(Okt/Newcastle)
Coal price….380.15 -25.80 -6.36%‼️
(Nov/Newcastle)
Coal price….379.85 -25.10 -6.20%‼️
(Des/Newcastle)
Coal price….261.60 -6.25 -2.33%
(Okt/Rotterdam)
Coal price….251.95 -10.10 -3.85%‼️
(Nov/ Rotterdam)
Coal price….251.55 -9.45 -3.62%‼️
(Des/Rotterdam)

Coal(ICI 4)…..96.85 +3.00 +3.20%‼️
Indonesial Coal Index (7/10)

CPO(Des)……3841 +140 +3.78%‼️

(Source: bursamalaysia.com)
Corn…………683.25 +7.75 +1.15%
SoybeanOil….66.60 +0.58 +0.88%
Wheat……..880.25 +1.25 +0.14%

Wood pulp…6720.00 unch +0%
(Closed 09/10)

©️Phintraco Sekuritas
Broker Code: AT
Desy Erawati/ DE

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

Jum’at closing merah semua, US merah dalem. Komoditas juga merah semua kecuali oil yang naik lumayan tinggi, dan coal yang naik tipis. IHSG lanjut wave 2 nya ini… Contrarian nya mungkin energy, tapi belum firm, later kita check chart nya IDX Energy

IHSG – stoch up, MACD down, bandar dist, FF dist, MFI sw, abis masuk cloud test break ke atas gagal, keliatannya akan test break bawah cloud, price below MA 10 20 50 -> masih down trend, LR belum sampe mentok lower channel, DMI masih belum ok. Masih forecasted untuk koreksi wave 2, mungkin sampe ke gap closing 6740

Energy, Property keliatan menggeliat, Consumer Cyclicals, Finance juga ada gerakan

Energy – stoch up,MACD buy, MFI up, bandar akum, FF akum, LR cross up midline, DMI belum lama buy signal, lagi contraction. Hampir semua ok, yang negative bahwa abis wave 5 harusnya ABC correction dulu. OK buat entry tapi hati2 reversal… Yang jelas index masih mau wave 2, jadi jangan full muatan dulu kalo buy

PTBA macd buy signal, FNB, bandar akum, ada spike tgl 6

PTBA – Stoch Up, MACD buy, BD acc, FF acc, MFI up, testing breakout cloud, flat abc correction done, harusnya sekarang lagi wave 3, ada gap belum ketutup di atas, di 4540, ada gap dibawah deket di 4170, idealnya buy disitu, tapi belum tentu juga kejemput sih. Liat US closing merah dalem tapi bisa jadi senin semua ditarik kebawah dulu. BOW di 4180 bagus

Yes, amannya buy di 4180

Consumer Cyclicals – stoch buy, macd almost buy, bd flat, ff flat, MFI down, reg bull div confirmed by MA10 and 2 bull candle, 3 white soldiers, DMI contraction toward buy, LR mantul lower channel, ok tapi jalannya pasti nunggu bd sama ff entry

 

LPPF MAPI. LPPF EMA GC, stoch buy, FNB Bandar acc, volbreakout, ada spike

LPPF – Stoch buy, MACD Buy, MFI up, bd acc, ff acc, break resistance, vol breakout, 3 white soldiers, DMI buy, LR kayanya mau rubah slope, double bottom terus mantul, close above fibo 23, BOW fibo 23

MAPI – stoch buy, macd rev up, MFI flat, BD acc, FF flat last day dist, 3 white soldiers, wave 3, DMI buy, cross LR midline, BOW mid last candle plus 1 tick

Relatively telat, tapi ya gpp sih, asal tetep stick sama trading plan, kalo ngebalik buang dulu

Financials – Stoch up, MACD down, MFI flat, BD dist, FF DIst, wave 3 tapi masih sideways, abis gagal breakout IHNS malah bikin lower low, DMI masih jelek, masih belum…

BBTN BFIN BMRI

BBTN – stoch buy, macd rev up, MFI buy, BD dist, FF last day acc, alligator down, retracement pattern failed, udah tutup gap siap mulai naik, DMI start contraction, belum ok, WNS

BFIN – abis rally tinggi tahun kemaren, awal tahun ini dibanting, udah retrace ke fibo 61 terus longsor lagi, harusnya kalo sekarang mantul jalan wave 3. Stoch buy, macd down, mfi down, bd dist tipis, ff acc tipis, alligator down, LR down DMI down, WNS

BMRI – stoch buy tapi bolak balik, MACD revup, BD tipis, FF tipis, MFI SW, masih wave 3, LR mungkin lanjut, PSAR up, DMI up, kalo mau new entry tunggu tembus resistance and vol breakout deh

ICBP DSNG ENRG LPPF

ICBP – stoch buy, macd buy, bd acc, ff dist, mfi down, suppoedly masih wave 3, LR bisa kemana aja, DMI buy, ok buat spec buy sih

Tapi lebih bijak kalopun buy sebagian, sebagian lagi tunggu vol breakout

DSNG – padahal stoch buy macd buy, tapi bd flat ff flat, DMI tadinya buy ngebalik lagi jadi sell, memang kalo IHSG nya turun jadi sering signalnya bolak balik, tetep bisa dipake tapi tunggu ada vol breakout. Sementara belum WNS dulu

Banyak banget buy signal, tapi bukan di sektor yang firm leading… Market lagi bearish emang membingungkan, kalo belanja cuma bisa di sektor yang jadi ganjel index, dan itu pun gerakannya ga bisa panjang, kecuali yang ada hajatan khusus

BSDE SMRA kemaren buy signal stoch, tapi lanjut turun, keseret index, LPPF yang ada vol breakout masih lanjut. Pentingnya konfirmasi dari volume transaksi