Get started

Brazil

IBOV - Nova tendencia de queda ou apenas uma correção?Olhando gráfico mensal da IBOV podemos observar que nos 3 grandes pivôs anteriores a bolsa corrigiu até a região que fica entre 0.6 e 0.7 de Fibonacci. Notamos que esse mês parece que a bolsa começou uma nova correção. Caso o padrão venha a se confirmar e a bolsa cair até a região entre 0.6 e 0.7 de Fibonacci teremos uma queda de aproximadamente 40%!!! Notamos também que o índice está extremamente afastado da sua MA200 e que na última correção caiu até bater nessa média e voltar a subir. Além disso, vemos que foi formada uma LTA (verde) e que caso a tendência de baixa se confirme e a bolsa vá "buscar" sua LTA teremos aproximadamente 40 meses de queda até a correção chegar ao seu final em meados de 2021. Vamos aguardar os próximos meses e ver se será feito um pivô de baixa confirmando a nova tendência de baixa ou se está sendo apenas uma pequena correção para esticar mais ainda o índice que já está extremamente esticado...
BMFBOVESPA:IBOVShort
by ThiagoFrank
1
BRAZILS STRETCHED RISK PREMIUM MAKES FOR "REAL" LONG OPPORTUNITYBRAZILS RISK PREMUM IS STRETCHED See "Summary Statistics" in doc below www.bcb.gov.br BRL's risk premium (currently highest across EM peers) looks stretched, given a continued pick- up in growth and reducing near-term political risk. COP's recent rally was likely driven mainly by a reversal of heavy short positioning, without a material shift in the country's economic and political outlook. Recent data releases showed that 2017 exhibited the slowest annual growth since the 2009 crisis (1.8%Y) and growth should remain sluggish in 2018, at 2.3%Y. Uncertainty about the upcoming elections poses an additional challenge for the investment outlook, given that implementing structural reforms could be key to helping to correct the fiscal deficit. The risk to this trade is that Colombia's economic data surprise to the upside, leading to further appreciation in the currency.
Long
by itzbert
Buy TPIS3: bullish island reversal and upward price channelHigh conviction buy on text-book bullish island reversal with significant trading volume increase and bounce off lower band of upward parallel price channel, also with significant volume. The pattern emerge as the company announced the sale of one of its assets (the Portonave port for 1,3B BRL), significantly deleveraging the balance sheet as part of an asset sale plan that, if fully materialized, will be transformational for the company. My two favorite and trusted independent research publications see more than 100% upside.
BMFBOVESPA:TPIS3Long
by BrunoBoni
BTC/BRL (Foxbit) 1yr DailySigns of a pretty consistent price channel since 2015. Price dropped below channel during 2015, but generally channel holds true. Seems BU is dying out without genuine support from minors and clearly very little support from the economic majority, i.e. general nodes, exchanges and commercial nodes. Expecting resistance just about or around 4k within the month of April. Mid resistance between 3560 and 3720 on the way up and lower resistance at about 3300. The orange dotted lines are support lines based off converging fib extensions for the price build up. This is my first idea. Just learning here. Any feedback much appreciated. If anyone wants this in Portuguese I can translate too. Posso traduzir em portugues se alguem tiver interesse.
BLong
by billaddison