Composite Stock Price Index (CSPI) Can Still Stronger!

Composite Stock Price Index (CSPI) is expected to consolidate. Nevertheless, there is strong possibility for limited stock index in early trading this week.
This refers to the amount of existing pressures have eased some diglobal but also still overshadowed by profit taking by investors. Profit taking is due to a number of positive sentiment coming from within the country such as Indonesia's economic macro indicators tend to be stable compared to countries in other emerging markets.
The positive sentiment came from analyst forecast in May 2011 will again occur deflation although much smaller than the previous month was first weighted by the investors, from within the country itself has not been any new triggers that can boost the JCI movement.
"Technically, this index is in the level of support in 3774-3880 and resistance at 3846-3863," said stock market analyst Reza Priyambada when contacted Legal, Jakarta, Monday (05/30/2011).
Rebound was a number of commodities such as oil prices also provide expectations of demand in the sector, shares of crude palm oil (CPO) is also increased so that the CSPI has also experienced a rebound despite thin.
Crude oil prices at the close of this weekend was stable. Instability driven by volatile oil prices that occurred because of the weakening dollar (U.S.) against the euro. Debt crisis in the European region is also a negative sentiment itself. Light sweet crude for July delivery rose 36 cents recorded in the price level of USD110, 59 per barrel. While the Brent oil declined 2 cents to be thin USD115, 02 per barrel.
Meanwhile, in a number of regional economic conditions still can not be said to be stable. Yaiti example is China. With the rapid growth of the Bamboo Curtain country's economy, so this time China's economy overheating and should conduct monetary policy tightening in anticipation of the high infalsi caused food prices continue to soar high and likely to raise interest rates.
"If China so raising interest rates, there will be a weakening economy that will occur there which can lead to fears of economic slowdown there is automatic recovery will impact on some countries in emerging markets including Indonesia," he concluded.
As for stock options, according to Reza is PT United Tractors Tbk (UNTR), PT Astra Agro Lestari Tbk (AALI) and PT Bank Mandiri Tbk (BMRI).
As is known, JCI, in late trade on Friday (05/27/2011) moves rose 17.56 points, or 0.5 points to 3832. LQ45 rose 2.41 points, or 0.4 percent, to 681.29.