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Astatine
Aug 9, 2018 6:29 PM

Brazil -- great short opportunity coming soon Short

iShares Inc iShares MSCI Brazil ETFArca

Description

I think come October, we will have another B wave top in brazil which can be shorted - as per my cycle analysis

Comment

Its october, and we seems to have got one high -- taking small shorts here, will add into strength if we get further pushes up in October

Comment

Added to shorts here

Comment

Still looks on course for lower in the immediate future

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I am still extremely bearish on EWZ: I think we are here in history
Comments
Franknewman
How did you determine the cycle length? Looks like 18 months?
Astatine
@Franknewman, unfortunately, it was just trial and error to best nail the tops of impulses and the bottoms of corrections
Franknewman
@Astatine, Thanks for the reply
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