Tuesday, July 6, 2010

IBOV - Daily Market Thought 05072010

Trend is your friend and for now bovespa hold de trend sitting at 60.000.
Hold the trend and for now suport area around 57000, but bovespa for now unable to regain 66500 again.
Close daily below 56000 expect more damage next suport/target 50.000.
If close above 66500 expect attack highs of the year 72000.
More thoughts Indexes
Click to zoom in. Good luck folks.


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