Jakarta Composite Index JCI closed plunging 3.64% to the 4,996.61 level in Monday's (19/10/26) trading. Foreign investors booked a net sell of Rp2.28 trillion in the regular market, or a net sell of Rp1.72 trillion across all markets, while cash and negotiated transactions still recorded a net buy of Rp558.40 billion. Accumulated foreign net sell YTD reached Rp116.44 trillion. Technically, JCI moved lower again but rebounded slightly from its lowest point. RSI (14) fell to the 14.82 level, indicating oversold conditions, which opens the possibility of a technical rebound. If JCI manages to rebound above the 4,999 level, there is a chance of strengthening toward the nearest resistance at 5,100 – 5,185, and if it breaks through, could go on to retest 5,332. However, if selling pressure continues, the index could potentially continue weakening toward the 4,456 (FR 161.80%), 4,173 / 4,000 area. Investors are advised to remain cautious, apply a selective buy on weakness strategy, and wait for confirmation of a trend reversal before accumulating more aggressively. ADVISE: Selective buy on weakness. Stockpick: AADI, HMSP, INDF, TAPG.