Brazil
Bullish EWZLooking for the breakout of this triangle consolidation and a C leg for this flag formation
Bearish Fundamental for SoybeansLong-term fundamental is bearish . US has big soybeans 0.23% stocks , export is falling. Harvest in Brazil and potentially big crop in South America adds bearish sentiment. Weekly chart shows rejection of VAH, price moves down inside balance, so I'm waiting the continuation of price falling.
Bearish Fundamental for SoybeansLong-term fundamental is bearish. US has big soybeans stocks, export is falling. Harvest in Brazil and potentially big crop in South America adds bearish sentiment. Weekly chart shows rejection of VAH, price moves down inside balance, so I'm waiting the continuation of price falling.
Head and Shoulder incomingHndS formation in the next months, now its time to purchase to take a little profit at least the minimum described in the chart. Thx
Thx
Well, we are still in an uptrend, technically speaking After the "healthy" correction, kc touched the 100 day MA around 153 as indicated previously as a potential target. Furthermore, we are hitting the lower end of the trend channel (blue).
I am looking for some support coming in here.
As vol softened during the sell off, threeways, selling put spread, buying call seem to be good long market, long vega strategies in my opinion.
IBOV - Open Triangle PatternWhy it forms: Market based on felling (no fundaments)
What to expect: High Volatility
If base line breaks; there could be strong sell off, and consolidation of third wave for IBOV
Volta da LAME4O papel esta fazendo topos e fundos ascendentes.
Considerando a projeção de um novo topo perto de R$23.50, aconselho entrar no papel no rompimento da linha de resistência R$20.45.
Antes de entrar, observar volume dos candles que ultrapassaram a linha.
Stop loss em R$19.58
Parcial de 50% em R$21.58
Short Brasil (EWZ)Super China bear here looking at a lovely technical setup. The rally has gotten way too far ahead of itself. The 50month MA and a decade long trendline as well as the .50 fib level from the 2014-2016 move all acting as resistance.
IBOV Elliott WavesComplete Elliott Wave cycle (waves 1, 2, 3, 4 and 5); beginning of corrective waves A, B and C
An inverse trip to BrazilBrazil is known for nice beaches, women and carpirinhas.
The beautiful Christ the Redeemer is placed high above Rio.
Raging high is also the price of EWZ which is stretched more than 30 % above its 200 DMA.
It has reached 1.618 of its previous intermediate top and it is due for an intermediate cycle low correction soon.
It has met a big resistance level and its RSI indicates heavily overbought conditions.
Wait for "double top" and take position in BRZS which is 3x inverse EWZ. Recommend start with 50% position and increase by 50% after first confirmation.
Wild Brazilero.. did you finish Olympic carnival or still not?!Look forward this extra wild Brazilian card will be reversed and finally fired.
Sometimes...
Somewhere...
Sadly you getting worth again and again to be true.
Short Idea for PBR
On daily chart, it's 3rd day outside from the upper Bollinger Band. It means a calling for a interesting correction.
On hourly chart, an overbought is present on RSI & Stochastic. MACD & Histogram shows a little weakness.
On hourly chart, its target in 10.75 from a triangle breakout has been reached.
Sell PetroBras around double topBased on RSI55 div on a daily chart and bearish structure look forward for consolidation around 10.20/share and further reversal.
Time horizon: 1-2 quarters.
Initial target and stop as it drawn on the chart.
Brent Oil AnalysisHello,
Based on graphics, here's a fresh, simple short-/mid-term analysis on Brent Oil .
1st target: Brent at USD 66/barrel (+32% if compared to October 1st quotation)
2nd target: Brent at USD 80/barrel (+60% if compared to October 1st quotation)
Note 1: Weekly-based
Note 2: Inverse Head-and-Shoulders
Note 3: maybe there will be consolidation between USD 61-66/barrel.
Hope it's useful for someone.
Best Regards from Brazil.
CIELO: Compra/LongCompra de Cielo(CIEL3) baseada no respeito à zona de suporte. Devemos ver o preço subir nos próximos dias e semanas.
Going long on Cielo(CIEL3) due to bounce off support zone. We should see higher prices in the coming days and weeks.
