EWZ: Make Samba Great Again
Updated
Bolsonaro.
The hated man. But who cares?
Things are looking better in Brazil. Flip-flop sales are up due to hot summer across the globe.
Drastic reduction in homicide over the last year makes it safer for the population to attend to their daily chores. Price of oil is going up, and soft commodities are gonna start to shine after a long slug.
We're entering into trend reversal zone, let's call it the Samba-zone.
The hated man. But who cares?
Things are looking better in Brazil. Flip-flop sales are up due to hot summer across the globe.
Drastic reduction in homicide over the last year makes it safer for the population to attend to their daily chores. Price of oil is going up, and soft commodities are gonna start to shine after a long slug.
We're entering into trend reversal zone, let's call it the Samba-zone.
Trade active
Note
Note
There is a slight chance that the larger trend is down. But profit can be made nevertheless if one trade correctly.It is no question that the trend till Sept 18 ish is upward.
Note
Main trend bullish outlook increased in confidence after some hours more work.And market is telling its story with higher highs and higher lows as well.
Price target for january 2020 is the symbolic number 66.66.
Note
Update: Monthly, weekly and daily cycles are pointing up.Note
Exiting, waiting for a pullback..
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