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Short term view - BRAZIL BOVESPA STOCK IDX : Pull-back

The trend is still bullish, but it could slow down. Indicators display a bearish divergence. The next target is at 79,680.00 pts. The invalidation level is below 73,125.50 pts.

Arguments :
- Prices are pulling back to the support level (previously a resistance). The rise will resume...
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Day By Day
Day By Day

​​DayByDay is an independent research company providing global macro and single stock analysis, recommendation and allocation based purely on behavioural finance methods. Those include long term cycle analysis, sentiment analysis, and technical trigger. DayByDay serves all clients in need of practical and precise publications to make effective market decisions, on any time horizon, from a few hours to a few years.

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