Daily Analysis 20240830

August 30th, 2024

Dow rises 200 points for fresh record close, Nasdaq falls as Nvidia shares tumble

The Dow Jones Industrial Average
climbed to a record Thursday, as Wall Street tried to resume its comeback from a steep sell-off earlier this month.

Dow…….41335 +243.6 +0.59%
Nasdaq. .17516 -39.6 -0.23%
S&P 500 5592 -0.2 -0.00%

FTSE…8380.0 +35.8 +0.43%
Dax……18913 +130.3 +0.69%
CAC……7541 +63.3 +0.84%

Nikkei….38363 -9.2 -0.02%
HSI……..17786 +93.9 +0.53%
Shanghai.2823 -14.3 -0.40%

IDX….7627.61 -31.27 -0.41%
LQ45…942.13 -6.52 -0.69%
IDX30.476.78 -3.76 -0.77%

IDXEnergy. 2677.43 -15.34 -0.57%
IDX BscMat1352.64 -18.96 -1.38%
IDX Indstrl..1084.77 -0.30 -0.03%
IDXNONCYC.710.63 -3.56 -0.50%
IDX Hlthcare1461.65 -11.32 -0.77%
IDXCYCLIC….909.88 +0.42 +0.05%
IDXTechno 3241.86 -6.95 -0.21%
IDX Transp 1434.49 -17.51 -1.21%
IDX Infrast 1609.61 -0.50 -0.03%
IDX Finance1475.28 -2.87 -0.19%
IDX Banking1315.88 -13.22 -0.99%
IDX Property….725 -3.20 -0.45%

Indo10Yr.6.6787 -0.0118 -0.18%
ICBI…391.2176 +0.3429 +0.09%
US2Yr.3.898 +0.031 +0.80%
US5Yr 3.668 +0.004 +0.11%
US10Yr3.868 +0.034 +0.89%
US30Yr.4.150+0.022 +0.53%
VIX..15.65 -1.46 -8.53%👍

USDIndx 101.3430❗️ +0.249 +0.25%
Como Indx….279.88 +2.27 +0.82%
BCOMIN….145.00 -0.79 -0.54%

IndoCDS..67.27 +0.01 +0.01%
(5-yr INOCD5) (28/08)

IDR…….15423.50👍 +1.50 +0.01%
Jisdor..15409.00👍 -67.00 -0.43%

Euro…1.1080❗️ -0.0043 -0.39%

TLKM…19.46 +0.11 +0.57%
( 2999)
EIDO…..21.85 -0.20 -0.91%
EEM….43.28 +0.02 +0.05%

Oil………..75.89 +1.44 +1.93%
(WTI,Nymex)
Oil………..79.94 +1.29 +1.64%
(Brent)
Gold…2553.90 +12.50 +0.49%
(Comex)
Gold…2520.38 +14.17 +0.57%
(Spot/XAUUSD)
Timah..32345.00 -260.00 -0.80%
(Closed 29/08)
Nickel..17022.00 +41 +0.24%
(Closed 29/08)
Silver…29.83 +0.23 +0.78%
Copper.420.90 -0.10 -0.02%

Iron Ore 62% 98.51 +0.06 +0.06%
(28/08)
Nturl Gas 2.143 +0.044 +2.10%
Ammonia China 2643.33 -16.67 -0.63%
(Domestic Price)(29/08)

Coal price.145.00 unch +0%
(Agt/Newcastle)
Coal price.143.25 -0.75 -0.52%
(Sept/Newcastle)
Coal price.144.55 -1.45 -0.52%
(Oct/Newcastle)
Coal price..146.80 -0.20 -0.14%
(Nov/Newcastle)

Coal price.121.30 -0.45 -0.37%
(Agt/Rotterdam)
Coal price.119.30 -0.35 -0.29%
(Sept/Rotterdam)
Coal price 120.40 -0.45 -0.37%
(Oct/Rotterdam)
Coal price.122.10 -0.60 -0.49%
(Nov/Rotterdam)

CPO(Nov)..3942 +22 +0.56%
(Source: bursamalaysia.com)

Corn………396.00 +5.25 +1.34%
SoybeanOil 42.13 +1.41 +3.46%
Wheat……548.75 +7.25 +1.34%

Wood pulp.4900.00 -20 -041%
(Closed 29/08)

©️Phintraco Sekuritas
Broker Code: AT
Desy Erawati/ DE
Source: Bloomberg, Investing, IBPA, CNBC, Bursa Malaysia
Copyright: Phintraco Sekuritas

DJI ijo, nasdaq merah, europe ijo, asia kemaren kebenyakan merah ikut US sebelumnya, US bond yield naik, kemungkinan merah tipis hari ini, kalo ijo juga tipis tipis

USD index up, tapi metal2 juga up kecuali tin and copper, oil gas up, coal down, CPO up. harusnya INCO AALI rebound

IHSG – rejection candle pas setelah harga sampe di fibo extension 1.00 di wave 3, bisa jadi mau wave 4. Beware… Stoch udah down tapi MACD masih up, MFI w% sw, BD kemaren dist tapi FNB dan nilainya naik, masih ada harapan lanjut wave 3, tapi kalo hari ini merah berarti reg bear div nya confirmed, mending exit

Tinggal Industrials sama Property, liat dari sini kemungkinan besar wave 4 is on the way

Stochastic Buy Signal: ACES ESSA ADMR DOID, big accum ESSA

MACD Buy Signal: HEAL SSIA

ACES – kalo ga ngitung index mau wave 4, ini udah firm ok buat di buy, elliot wave reverse done, macd up, stoch bolak balik kaya lagi ditahan belum boleh jalan, distribusi tapi harga ga dibanting, emang nahan doang

Udah ada spike baru walau ga tinggi

Average aman, BK accum, BB NI dist tipis, ada kemungkinan saling ngatur biar harga ga gerak. OK spec buy ACES, pantau ketat karena index mungkin start wave 4

ESSA – kemaren price jump, big acc BD dan FF. Stoch buy, macd buy, MFI up, w% up, keliatan ada freq spike juga

Abis spike turun dulu baru sekarang naik, ga 100% firm spikenya

udah ga aman harganya, historically aman buy pas di average bandarnya, skip

ADMR – stoch buy, macd buy, MFI up, w% up, BD FF rev acc, abis abc correction, reg bull div, confirmed, udah bikin higher low, perfect sih

Spike nya tinggi tapi abis itu turun dulu, jadi ga firm itu spike beli dan siap hajatan

average aman, bd accum, bisa sih buy ini harusnya

Ini yang kurang OK nya, coal price, so technical ok, coal price ga ok, kalo mau entry setengah botol aja

HEAL – rather overvalued, skip…