Composite Stock Price Index (CSPI) will attempt rebounded in early trading this week, Monday

Composite Stock Price Index (CSPI) will attempt rebounded in early trading this week, Monday



Composite Stock Price Index (CSPI) will attempt rebounded in early trading this week, Monday (14/01/2013). JCI try to restore investor confidence and market participants pascaambil profit due to external pressure in the past week.

Stocks on Wall Street U.S. market closed last week with a varied landscape. Investors and market participants are still waiting for the issuer's financial statements. The financial statements of one of the financial companies, Wells Fargo, predicted to fall. The Dow Jones industrial average closed up 0.13 percent at 13488.43, and yet the S & P 500 down slightly less than 0.01 percent to 1472.05 and the Nasdaq Composite Index edged up 0.12 percent to 3125.63.

Sementera JCI at the end of last week closed down 11.45 points (0.27 percent) to 4305.91 levels with the number of transactions as much as 7.81 million lots, equivalent to Rp 4.58 trillion. Foreign investors recorded net sell in the regular market of Rp 337.17 billion in the stock of the most widely sold is SMGR, ASII, BBNI, KLBF, and BBCA.

Appreciating rupiah to Rp 9866 per U.S. dollar. Technically, according to research eTrading Securities, decreased last week showed JCI JCI is being consolidated at the Fibo support of 50 percent and 76.4 percent Fibonacci retracement resistance.

For today's trading is expected to be slightly higher JCI. This is evident from the RSI indicator has started rolling and tends to rise. Level index support at 4240 levels and resistance at 4380 levels. The stocks that can be considered is ADRO, BREAD and UNTR.