PT Kian Santang Muliatama Tbk (“Perseroan”), berkedudukan di Bekasi, didirikan berdasarkan Akta Pendirian No. 634 tanggal 28 November 2018 adalah perusahaan yang bergerak di bidang jasa penunjang industri gas, meliputi penyediaan product (spare parts) hingga ke engineering, procurement and construction (EPC).
US10YT finally reached its upper channel target at 4.996% yield, yet it is hard to remain optimistic that this uptrend will continue while consistently overshadowed by RSI negative divergence. ADVISE: ready to Sell on Strength; may start to set your Trailing Stop. Nearest yield support: 4.884%.
Major U.S. stock exchanges closed in red, averaging 1 percent as investors weighed a surge in the 10-year Treasury yield, corporate earnings results and remarks from Federal Reserve Chairman Jerome Powell.
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US10YT is one step away from reaching the upper channel Target of around 5.0%, but please beware as it is overshadowed by RSI negative divergence right when it approaches the Resistance region. ADVISE: get ready to Sell on Strength; may start setting your Trailing Stop.
The Nasdaq & S&P500 led the US stock market slide, with each falling more than 1%, as US Treasury yields rose again and investors evaluated the latest wave of corporate quarterly performance reports.
PT Kian Santang Muliatama Tbk (“Perseroan”), berkedudukan di Bekasi, didirikan berdasarkan Akta Pendirian No. 634 tanggal 28 November 2018 adalah perusahaan yang bergerak di bidang jasa penunjang industri gas, meliputi penyediaan product (spare parts) hingga ke engineering, procurement and construction (EPC).
ID10YT continued to strengthen yield towards the nearest Resistance which is the MA20 & MA10 range around yield 6.885% – 6.902%. After the two Moving Average barriers, ID10YT will return to the previous High level in the upper region of 7.0% yield. ADVISE: Average Up accordingly.
Despite earlier wobbles, the US stock market managed to close in positive territory overshadowed by surging US Treasury yields following the release of stronger than expected Retail Sales data, underscoring the resilient US economy and fueling fears that the Federal Reserve will need to raise interest rates one more time before the end of the year. Bond yields continued their gains, with the 2-year Treasury yield surging to a 17-year high.
