Monday, January 21, 2013

Week 4

Hello there!

Market is resting one more week. Ibovespa closed today at 61,899 points, a little lower than last week when it was 62,080.
Today's close was right above the supporting trendline but I don't think we need to be concerned about it. In my opinion market is trading sideways to go higher later.

Although market was choppy these days BRKM5 - $BAK is up 4,36% since my call last week. Nothing abnormal but a good trade for a market that is lagging.

That's all for today. Have a nice trade!

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