Wave (2) on IBXL (Brazil 50 Index)

21 Nis 2016

At first i thought that wave (2) already had happened, but i changed my counting, and think that it is about to happen on next days or weeks. Three other technical signs agreed with this idea: the divergence of momentum indicators (indicated by purple trend lines), overbought condition on them as well and the fact that price is hitting a top of major channel. I already closed my positions.

20 May 2016

Not

until now, things are following the script!

1 Haz 2016

İşlem kapandı: hedefe ulaştı

I didnt set a target at this idea but i think now its time to go long on bovespa look at my newer idea to more details: