JCI Vulnerable to Correction, Retail Investors Urged to Be Selective and Not Aggressive

JAKARTA, KOMPAS.com - The Composite Stock Price Index (JCI) is still considered to be in a phase vulnerable to correction as external pressures have not yet eased. Retail investors are urged not to be aggressive and to be more selective in taking positions in the market.

Market observer and Founder of Republik Investor, Hendra Wardana, assesses that the JCI at the start of this week, or on Monday (27/4/2026), is testing support in the 7,100-7,125 area. If that level cannot be held, the potential for further weakening opens up towards the psychological area in the 6,950-7,000 range.

However, technically, because the decline has been quite deep in a short time, the opportunity for a technical rebound remains, especially if positive sentiments emerge such as a strengthening rupiah or stabilisation in global markets.

Thus, the JCI is still in a volatile downtrend phase with opportunities for short-term swings.

“In other words, the market is still in a volatile downtrend phase with potential for short-term swings,” said Hendra to Kompas.com on Sunday (26/4/2026).

Amid high volatility, retail investors are advised to take a more defensive stance. Short-term investors should reduce aggressiveness, focus on trading strategies buying during oversold conditions, and maintain discipline in applying cut losses.

“In the midst of high volatility like this, retail investors are advised to be more defensive and selective. Short-term investors are recommended to reduce aggressiveness, focus on quick trading (buying during oversold) and disciplined cut losses,” he explained.

Maintaining a high cash portion is also considered important as a buffer against market uncertainties that are still dominated by external factors.