Jakarta Composite Index JCI successfully closed higher by 2.28% to the level of 5,875.78 in Friday's trading (03/07/2026), after bouncing from its support area and recording its largest daily gain in several weeks. Even so, the appreciation has not been able to change the primary trend because the index is still moving within a downtrend channel and remains below the EMA10 (5,957), EMA20 (5,964), and EMA50 (6,376), which indicates that the short to medium-term trend is still in a bearish phase although selling pressure is beginning to ease. On the other hand, the RSI (14) rose to 43.64, showing that momentum is beginning to improve but remains below the neutral 50 level. From a technical perspective, as long as JCI has not been able to break through and hold above 5,904 – 5,964, JCI remains vulnerable to testing the support area of 5,806, then 5,744, and subsequently 5,530 if selling pressure increases again. Meanwhile, if the strengthening momentum continues, JCI has the opportunity to test resistance at 5,942 – 5,964, followed by 6,045. ADVISE: Buy on break, wait & see. Stockpick: AMMN, ANTM, MEDC, SMGR.