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.