Jakarta Composite Index JCI closed down 0.88% at the 6,384.73 level on Monday's trading (09/21). Foreign investors booked a net sell of Rp503.12 billion in the regular market, bringing the YTD net sell accumulation to Rp101.83 trillion. Technically, JCI corrected again and closed at the 6,384.73 level, below the EMA10 and EMA20, and had broken below the 38.20% Fibonacci retracement at 6,451.53. JCI also remained below the EMA50 (6,430.20), so the correction pressure is starting to indicate a weakening medium-term trend. This position indicates short-term momentum tends to be bearish, with the 6,377 – 6,384 area becoming the nearest support that needs to be maintained. The RSI (14) fell to 42.64, moving back below the 50 level, indicating bullish momentum is weakening further. Should JCI fail to hold above 6,377, correction pressure could potentially continue toward 6,290 (FR 61.80%). Conversely, should a rebound occur, JCI needs to break back through 6,430 – 6,452, followed by 6,486 – 6,493 as the nearest resistance, before testing the 6,552 – 6,590 area. KIWOOM RESEARCH advises investors to wait & see while monitoring JCI's ability to hold above 6,377 as a key support area. Investors who have already profited can apply a trailing stop or gradual profit-taking, while buy accumulation should be done selectively after rebound confirmation appears and JCI breaks back through the nearest resistance area. ADVISE: Wait & see; Set your trailing stop or gradual profit-taking, and accumulation buy. Stockpick: BULL, IMPC, MAPA, NCKL.