Bovespa Break-Out

2016-07-18 · by Brandon J. Ferro · in Brazil, Emerging Markets, Equities, Ratios, Technical Analysis

In the chart below the Brazilian Bovespa is breaking above ~six year channel resistance dating back to 2010(!) on absolute basis in the top pane and is breaking out of a bullish descending wedge vs. the SPX in the lower pane,…

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