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IBOVESPA BRAZIL - chance for double digit growth this week

Long
IBovespa Index (BMFBOVESPA:IBOV)  
SkylinePro Updated   
BMFBOVESPA:IBOV   IBovespa Index
Trend Analysis Wave Analysis brazil IBOV Indices
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trendanalysis waveanalysis brazil ibov indices
IBOV11

There are high probability that Ibovespa is entering minor wave 3 up of corrective wave B up during this week and if so prices should deliver double digit returns. Updates are being published here, follow SkylinePro to get updates
Comment:
If IBOV11 crosses 68,000 there is a good chance for it to be in a short-term correction (some days) before going down again. For speculators only.
Comment:
Comment:
The support area is below 62,000, if the index passes this level the first posted probability scenario can be eliminated.
Trade closed: target reached:
Short term target reached, counter-trend should continue up in the short term, before the mid trend come back down
Comment:
Prices reached a total of 18% in 4 days reaching 74,446 on March 26
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