This scenario was created due to the effects of the trade war and when the tariff was announced, the IDX Indonesia stock market was on a long holiday.
I predict that IHSG could GAP DOWN when it open on 8th April here some of my view :
Black line scenario 1 Correction 6265 5% Close Gap & Trading Halt tomorrow rebound and continue to decline to the support limit of 5700.
Red line scenario 2 Correction 6265 (5%) Close Gap & Trading Halt tomorrow continue the next decline 6000 rejection at 5700.
Green line scenario 3 Healthy correction 6350 and tomorrow break resistance to 6700.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.