My longterm view of Jakarta Composite Index (IHSG) is BEARISH..

١ أغسطس

Based on Elliot Wave perspective, i could see the Composite Index now running on its end of wave 5. It made a huge and wide consolidation around 7k to 7.3k and most likely the consolidation will break and lead to bear season.
I recommend to SELL ON STRENGTH at this time, cause the highest chance for the next trend is bearish trend.

TARGET???
1st: 6500
2nd: 5500
possibly lower than 5000!

Stay alert!!