Markets fluctuate, Investors Secure Their Portfolio

The results of the G20 summit did not produce many concrete decisions. Global investors tend to choose a new attitude of waiting for certainty over Europe. They are many who secure a position their portfolios in the face of uncertainty.

According to a research note Indosurya Securities, changes in government yesterday not sure the fate of Greece and Italy make the pace of financial Composite Stock Price Index (CSPI) held back as in the previous estimate. Many investors to secure a position facing an increasingly uncertain situation.

Release of GDP during the third quarter of 2011, which reached 6.5 percent (YoY) in which is driven by the trade sector, could slightly restrain trade penurunan.Selama, JCI was penetrates 3791.82 level (highest level) at the beginning of session 2 and also briefly touched 3765.24 (lowest level) at the beginning of the session 1 and finally managed to perch on the level of 3778.24. Trading volume and the total value of transactions recorded down.

In trading Tuesday (8/11/2011) JCI is expected to be in a support 3751-3765 and resistance 3791-3805. JCI forming spinning black as well as forming a bearish harami pattern.

Position between the upper and middle Bollinger bands. MACD histogram positive retained pelemahannya with shortened. RSI William's% R and Stochastic still stuck into the overbought area.

Fluctuations CSPI will likely re-occur in the middle of a situation that has not been yet, menghijaunya U.S. stocks overnight at least able to defend the position of JCI to remain in the green zone.

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