Good afternoon straight from São Paulo. In the 1W (weekly) chart of IBOV, see that we have indicators signaling short and others on the way to also signaling short. With the downward movement in prices today, the first level of Fibonacci 23.6% has already been touched, close to 11599 (as mentioned in today's analysis for chart 1D). Remember that if this correction...
Good morning straight from São Paulo. In IBOV's 1D (daily) chart, we see that yesterday's trading session tested Fibonacci's first level 23.6%, near 11599, but due to President Trump's public statement regarding US conflict with Iran, in which he says that it is important to seek understanding, worldwide stock markets no longer have "reason to fall" for now....
