IBOVESPA
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Bovespa - Head and Shoulders pattern forming

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The Bovespa has bounced almost perfectly off the inside pitchfork mid line (amazing how many times indexes do that) and now could be forming a head and shoulders pattern. Might be worth watching.....
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Although I can't ignore that bullish candlestick on the daily chart.....which way is this market going to go??
snapshot
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Too early to call it a failed and head and shoulders? Bullish if it holds above the median.....
snapshot

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