Jakarta Composite Index JCI closed 3.49% lower at 5,098.06 in Thursday's trading (10/29/26). Foreign investors recorded net sell of Rp1.52 trillion in the regular market, and net sell of Rp1.08 trillion across all markets, while cash and negotiated transactions recorded net buy of Rp441.74 billion. Accumulated foreign net sell on a YTD basis reached Rp126.19 trillion. Technically, JCI continued its downtrend with the RSI (14) falling again to 28. JCI is expected to be vulnerable to testing the nearest support at 4,980 / 4,907. If it breaks down, JCI could continue toward support at 4,456 (FR 161.80%). Meanwhile, in the rebound scenario, JCI has the potential to move in the resistance range of 5,182 / 5,249 / 5,320. Investors are advised to remain cautious, apply a buy on weakness strategy selectively or tend to wait for clear signal confirmation. ADVISE: Selective buy on weakness. Stockpick: BBNI, PGEO, SSMS, TAPG.