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IBOVESPA - Brazilian stock's index through Elliott waves.

BMFBOVESPA:IBOV   The Bovespa Index of the 50 Brazilian companies
INSIDEMARKET fala português.

ENGLISH:
Brazilian stock's indice may have found a bottom. There's a struggle around 45.000 points and 47.500 points and a triangle made by a resistance which trigger a bullish momentum towards 51.000 points. It is not clear if the possible coming wave is actionary or reactionary (in favor of overall trend).

PORTUGUÊS:
IBOV             pode ter conhecido um fundo importante desde 2013             . Alcance recente dos preços formam um triângulo (atenção à resistência) que se rompido configura o canal de alta . Este canal de alta pode ser tanto uma onda accionária (com perspectiva de alta para o médio prazo) ou reaccionária.

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