• Can Brazilian Stocks Bounce Off Strong Technical Support?

    4 monthes ago - By ETF Daily News

    From Dana Lyons : Key chart support may give the beleaguered Brazilian stock market a much needed bounce.
    Yesterday , we posted an extensive piece on the bond market, which has gotten a nice lift of late after threatening a major breakdown. Another market in need of a lift is Latin American equities - Brazil, in particular. Coinciding with the bounce in the U.S. Dollar over the past month, Brazil has had a rough May with the benchmark Bovespa Index down some 10% for the month. Help may be on the way, however, for the battered Bovespa - as we revealed in our Chart Of The Day yesterday on...
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