Bovespa Index

17 thg 4, 2016

The weakening of the Real will likely bring further losses in this index. A strengthening of the Real will continue to bring gains in the Bovespa index.

See correlation in chart below. It's been statistically significant for 16 years, and is ongoing.

17 thg 4, 2016

Ghi chú

Where I see the Brazilian Real reversing.

26 thg 4, 2016

Ghi chú

Monitoring for counter-trend trade. looking to go short. Expecting a break of the black trend line.