Indeed. There has been a lot of money printing that continues to support the stock markets. I think TA still makes some sense as long as the world still believe in the current fiat system. Remember that the Feds can still continue to print money and reduce rates. The US market is still the "strongest" given that they still have non-zero interest rates and most of the world's debts are denominated in USD, which they can print anytime.
On Jakarta, I actually think that it is a nice city. I think every city has its pretty side and its not so pretty side. I won't go to the extent to call it ugly or awful. The reason I said I felt a little uneasy was really due to the COVID-19 virus.
As you might know, Indonesia still has not reported any confirmed case, but we all know it is not possible for such a large country to have 0 cases at this point. Hence, my theory is that the Indonesia government is not being fully transparent here. As a result, most of the people there are not taking the necessary precautions.