Indonesia's stock market recorded its steepest one-day decline since 1998 on Friday, October 16, after MSCI raised the possibility of removing the country from its Emerging Market classification. The announcement triggered a sharp sell-off in Jakarta, pushed the Indonesian rupiah beyond 18,000 per US dollar and raised concerns about further foreign capital outflows.
Shares of Meta Platforms Inc., the American multinational holding company that owns a technology conglomerate and the largest social network Facebook, are trading at 570.00.
After declining since the beginning of last month, shares of RTX Corp., a US aerospace and defense conglomerate, are attempting to consolidate above 193.75 (Murray level [3/8]) supported by rhetoric from US President Donald Trump.
Shares of Meta Platforms Inc., the American multinational holding company that owns a technology conglomerate and the largest social network Facebook, remain within a medium-term downtrend, forming a descending channel. In early February, the price climbed to the upper boundary of the main Murray trading range near 750.00 (Murray [8/8]) but failed to break higher and moved into a correction. Last week, quotes reached 531.25 (Murray [1/8]) at the lower boundary of the descending channel. A consolidation below this level would open the way toward the lower reversal zone around 437.50 (Murray [–2/8]) and 375.00 (Murray [3/8], MN1). For bulls, the key level remains the central mark of the Murray trading range at 625.00 (Murray [4/8]), reinforced by the middle Bollinger Band. A breakout above this level would act as a catalyst for a return toward 687.50 (Murray [6/8]) and 750.00 (Murray [8/8]).
The leading index of the London Stock Exchange, FTSE 100, is showing upward movement around 10278.0 following a shift in rhetoric by US President Donald Trump, who suggested the possibility of a ceasefire in the Middle East even without the immediate reopening of the Strait of Hormuz — the key shipping route that transported about 15–20% of the world’s crude oil and petroleum products, and over 30% of liquefied natural gas before the conflict began.
The Dow Jones Index is moving sideways near 45,605.0, remaining under pressure from the sharp rise in energy prices amid the escalation of the Middle East conflict.
The leading Japanese stock index, NI 225, is trading near 51325.0, continuing its active downward movement triggered by the global outflow of investment capital from risk assets amid the escalation of the armed conflict in the Middle East. On Friday, the yen in the USD/JPY pair once again moved above the key 160.00 mark, increasing the likelihood of currency intervention by the Bank of Japan.
Stock market analysis is simply about figuring out where a stock might head next. Investors look at two sides: fundamentals and technicals. Fundamentals mean earnings, debt, cash flow, or even what the Fed is doing with rates. Technicals are the charts — trends, support and resistance, volume, and recurring patterns. Put them together, and you get a practical view of risk and timing, helping decide when to step in or step out.