The Jakarta Composite Index in trading on Thursday (22/7) may continue volatile with a tendency to weaken, moving at the support level of 6,000 and resistance of 6,050.

"Technically, the projection is based on the formation of a death cross at the 50% pivot level on the Stochastic RSI indicator," said Phintraco Sekuritas analyst Valdy Kurniawan in his research.

In addition, the JCI was also overshadowed by the wait-and-see attitude of market players ahead of the announcement of the BI Board of Governors' Meeting (RDG) on Thursday.

It is estimated that BI's RDG will maintain its benchmark interest rate again, considering that accommodative monetary policy is still needed to encourage economic recovery in Indonesia.

Meanwhile, globally, the Fed also tends to maintain its accommodative monetary policy.

The stocks that can be observed in today's trading include WIKA, WSKT, PTPP, SMRA, PWON, and ICBP.