The Jakarta Composite Index on Wednesday (19/5) has the potential to be corrected by moving to the support level of 5,797 and resistance at 5,887.

Head of Research of MNC Sekuritas Edwin Sebayang said cloudy clouds seem to still envelop the Indonesian Stock Exchange today because the JCI has the opportunity to be depressed and sluggish again.

"This is due to a combination of a 0.78% fall in the Dow Jones Index, a 1.48% drop in crude oil commodity prices amid a resurgence in US 10-year bond yields to 1.64%," he said in Jakarta.

In addition, it is estimated that the number of victims infected with COVID-19 will again increase amid the slow rate of vaccination, which is predicted to only reach 3.3% of Indonesia's population.

On the other hand, commodity-based stocks of CPO, gold, coal, nickel, and tin are expected to strengthen following the increase in commodity prices such as CPO up 4%, gold up 0.13%, nickel up 0.50%, and tin up 1