Decisive point for Brazilian Future IbovespaBrazilian Ibovespa is at a very decisive point. Will it go up or down, let's see in the coming days.
IND1! trade ideas
Brazilian future index - WINM16We can observe a good support level around the 53200 - 53300. I expect that this future index will hit this support and bounce back. At this time it should be a good point to go long. Be prepared to stop this trade if the index go below the next support level of 52400.
BMFBOVESPA:WINM2016
Buying the news - Although Lula has screwed upThis downside gap was a reaction to the ex-president Lula accepting the invite to become a Minister to escape justice, the market does not like it at all. Basically it means we will see a little more of Dilma Roussef's ideas and believes - which are the same as Lula - to live a little longer, making the economy struggle.
So it could could be an overreaction, in a way. Long and with short stop to see it.
