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Bovespa Index
Short
Updated

IBOVESPA Brazil - corrective up trend finished ?

158
Minuette c wave of minute iv correction up was an extended one and it seems to have now finished. The index should continue its path to levels below 62,000, with a first nest stop at around 70,000. In case the index crosses 78,700 this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
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Counter trend wave (B) up turned into a combination pattern and because of this this wave has extended. See the updated post of today.

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