I predict Rupiah (USDIDR) might keep depreciating to more than Rp14,300/USD.
If Rupiah Breakout Resistance (Rp14,300/USD), then the possibility of Rupiah strengthening to Rp13,600/USD or any level below Rp14,000/USD is vanished. Rupiah will be on the verge to keep weakening to its lowest level at Rp15,300/USD.
Rupiah must move below Rp14,000/USD...
S&P500 could end Downtrend that has begun since Oct'18 by Breakout Down Trendline at 2,680. After Breakout, S&P500 might begin Uptrend to reach 3,000.
In short term, S&P500 may fall as Tech. Correction 2,600. Should S&P500 stay above 2,600, i'm pretty sure there is a high probability S&P500 would rise and Breakout 2,680 and start Uptrend to 3,000.
USDIDR could move to Rp14,900/USD after finishing consolidating around Rp14,300 - Rp14,400 for almost a month.
By moving above Rp14,000, USDIDR is continuing "Uptrend" to at least Rp14,900 (above highest level at Jokowi's administration at Rp14,800). The depreciation this time might as well bring Rupiah to touch Rp15,000/USD.
USDIDR could and might touch Rp14,800, highest level during President Joko Widodo administration.
There is a possibility Rupiah go beyond Rp14,800 and reach Rp15,000 but i predict it won't happen since Rp14,800 should be a strong psychology Resistance.
However, Rupiah should move within a range of Rp14,300 - Rp14,600 for the rest of 2018.
ANTM is about to finish Bullish Continuation that should lead ANTM to Rp1,100.
ANTM need to Breakout Rp920 to validate the pattern.
Another fall to Rp840 - Rp850 is still acceptable and within the pattern formation.
Be careful when ANTM falls down to below Rp800.
ADRO has a change to reverse Downtrend to Uptrend by Breaking out Rp2,000 that might happen soon (this Jul'18).
When ADRO broke out Rp2,000, ADRO has a change to begin Uptrend to Rp2,300.
Still need be carefull not to jump on the possible false Breakout since ADRO is in Downtrend.
Watchout any Breakdown below Rp1,750.
RALS is most likely continuing Uptrend to Rp1,700 by Breaking out Resistance at Rp1,500 anytime soon this Jul'18.
Uptrend is proven by RALS maintaining position above Rp1,300 (RALS did Invalid Breakdown, which emphasize the Uptrend).
Still need to be carefull when RALS Breakdown below Rp1,300.
TLKM has been forming Bullish Reversal since mid Mar'18.
The form is most likely to be Inverse Head and Shoulders and its price objective is Rp4,600.
TLKM need to have a valid Breakout at Rp3,900 and currently, is in the process to do so.
EXCL has been forming Head and Shoulders (H&S) since early Feb'18 as Bullish Reversal pattern to reverse Downtrend to Uptrend.
Soon EXCL will rise above Rp2,800 which means a Breakout Resistance that validate H&S.
The stated H&S gives EXCL a target to Rp3,900.
BNGA is ending Downtrend by forming Bullish Reversal (most likely Double Bottom where Bottoms lie in Rp920). BNGA has to risen to Rp1,140 to finish Bullish Revesal (Double Bottom) where a Breakout above Rp1,140 would lead BNGA to the pattern's target at Rp1,400.
After a Breakwdown below Rp5,400 in Apr'18, AKRA's Downtrend might continue until Rp4,000 (based on 161.8% Fibonacci's level).
After Bottoming Up (by forming Bullish Reversal pattern) at Rp4,000, AKRA is possible to go up to Rp4,500 - Rp5,000. Downtrend is ended and Uptrend is begun after a Breakout above Rp5,400.
My prediction is AKRA forming Bullish Reversal...
JCI is continuing falling below 5,800 to test its important Support at 5,500.
What previously predicted to become Bullish Reversal has turned into Bearish Continuation which means the Downtrend is assumed to be ineffective. Downtrend could easily force JCI to touch 5,500.
Support at 5,500 is so important because as long as JCI doesn't break below that Support,...
JCI is still in Downtrend (which started from 6,800 in Feb'18) and the Downtrend might continue until JCI touch 5,700. There is a high probability JCI will rise temporary (as Technical Rebound) to 6,100 but i predict the rise is not strong enough for JCI to Breakout 6,100.
JCI is forming A-B-C-D Pattern and it suppose to hit 1.618% (D) which is around 5,700.