According to this Elliott Wave Count, Brazils Ibovespa is headed towards its most trendy and impulsive phase...
The Brazilian fiscal issue is not going well. Therefore, it directly reflects on the IBOV index, especially for companies linked to the domestic economy, which is very dependent on family income and low interest rates (SELIC) to keep their activities up to date. This was already written in the stars. Sometimes we need to be seers. Lol The growing number of RJ...
Brazilian stock market got into down trend due to international conflicts and fed.. for moment its a sell!
Nice consolidation at the end of a pullback in a bull run. Not a bad trade at all
The Sao Paulo stock market, or Bovespa, is characterized by its strong presence in defensive sectors such as banking and insurance companies, as well as in commodity producers such as VALE or PETROBRAS, and energy companies such as ELETROBRAS or EQUATORIAL ENERGIA. This is common in a country with a solid export base of raw materials and foodstuffs such as AMBEV,...
Due to major events stocks will suffer a bit mainly in emerging markets...for moment trend down
Elliott Wave Analysis IBovespa Index Details on the chart
Brazilian stock market has got a change in directon of trend down.. for moment trend up
-I begin my humble analysis with a paradoxical sentence: “Brazil does not lose the opportunity to lose great opportunities”. -Brazil looks like that beautiful Ford Mustang parked in the garage, however, with a little thing out of the axis. It has no wheels. -Despite being without the beautiful wheels, it still manages to leave the place, and that means that the...
1 - Start 2 - The middle! 3 - The end? 4 - What is the question? As we know, normally, the future repeats the past and in view of the scenarios presented above, in your opinion, which of the LTA's will prices respect with the scenarios that are about to happen with the new directions that are designed for the Brazilian scenario in the coming years? At the...
Bovespa has confirmed its down trend direction.. for moment its a sell
After the Second World War, with the advance of modernism, humanity entered in a phase that I like to call "Say nice things, and should be fine". Even politics stopped being a pragmatic process and started to be more like sports crowds mixed with cheating feelings. We are still advancing into this delusional process of disconnection from reality. People are not...
The main stock index of brazil has got into neutral territory. for moment its neutral to short position....
Here is the amazing scenario that is developing for the Brazilian economy. Democracy does not mean that the best outcome will always be the result. *irony included
Waiting for the old support level test for a long signal.
Against all odds... ibovespa has showed strenght ... trend up
Pay close attention to this morning star in IBOV very close to the third target of Fibo. It should be the end of a short term high.
I explained part of my rationale on the USD/BRL related forecast.