I think it'd be a pity to start this year without testing the famous major annual support by BVSP
. Although there are some fundamentals involved, always consider this before entering a long-term trend, the government as been changed but we "wont" (we may) see any new relevant changes until march, or april
. So until february, it should call for it's bottom at the major. Everyone will be shorting it as well, so be aware.