Jakarta Composite Index JCI closed down 0.90% at 6,241.89 in Friday's (25/09) trading, with foreign investors recording a net sell of Rp440.38 billion in the regular market, bringing the accumulated YTD net sell to around Rp104 trillion. Technically, JCI closed lower and remains below the EMA10, EMA20, and EMA50, so short-term bearish pressure remains dominant. JCI has also fallen below the 61.80% Fibonacci retracement at 6,290.10, while RSI (14) is at 37.18 and still below the 50 level, indicating bearish momentum is still fairly strong although it has not yet entered oversold territory. In the short term, JCI is vulnerable to testing the support area of 6,186 – 6,113, with the next support around 6,029. Conversely, a rebound needs to return JCI above 6,290 first, then pass the 6,328 – 6,368 area, which is close to the EMA10, EMA20, and EMA50. ADVISE: Wait & see. Stockpick: ADMR, BFIN, MAPA, MBMA.