Bovespa Index

2016년 4월 17일

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.

2016년 4월 17일

노트

Where I see the Brazilian Real reversing.

2016년 4월 26일

노트

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