Due to technical problem, I can't provide a lot of hints for you all, but as I said weeks ago, that this World Cup season will make our exchange become a little bit calm, which tends to be sideways & going down as it is predicted that most speculators bet on football.
As we know that this World Cup is one of the most expensive & crowded one, which also increase the GDP of RSA (Republic of South Africa). One of the reason of the crowd is RSA is a very nice country to live with courteous people & lovely food. Especially steak/meat as one of their main course.
Oil has risen quite a lot this week & seems to have its position back this time. It seems that the resistance of $76.8 for Crude Oil Aug futures is quite a valid one, hence it might pull back to target around $73 before it continue its rally.
For Indonesian exchange, I have no hints as it still tends to go down, which is a bad news for us that we still can't short-sell of the stocks, which still can be done in US or other countries.
Happy Investing^^
Disclaimer ON!!!
