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Tuesday, February 23, 2010

Wait for Pansus Decision

IHSG (Indonesian Stock Exchange) not in good or bad mode. Many investor waiting and see the process of Century bank. Today its decision, who is at fault and responsible for the express or rescue Century Bank is not wrong decision. Hopefully this problem it had nothing to do with the president.


In technical analysis, IHSG in sideways mode. Why?

1.Moving Average 30, 40, and 60 flat.

2.MACD signal, Blue line crossed UP red line è BUY

3.Momentum 200 days getting TIGHT, watch out for BULL TREND.

4.Relative Strength Index below 50% line, that’s BAD

5.Stochastic show SELL POINT.

Conclusion, SIDEWAYS and JUST WAIT N SEE

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