Anticipated Bovespa happened

BVSP.DAILY MAJOR REVERSAL AHEAD SHOULD CUT PRICES BACK TO 60,000 ALPHA.GLOBAL.INDICES.171110

After all it marked new highs, but we still believe the major reversal is near. It is a matter of time: the rally from May lows could develop asan ending diagonal pattern (highlighted) – which means we have just topped; or could become a regular impulsive wave – which meansthat prices may reach 77,000-90,000 before turning. Watch 66,000 key supports for hint: a break below 66,000 would confirm the bearishscenario that aims sub-60,000.
BVSP.DAILY HAPPENED
The major trend reversal we’ve been anticipating in Nov 2010 took place and prices not only dropped to 60,000 but lost 36%, reaching50,000 psychological levels.

SENSEX.DAILY THE TARGETS WE’VE PROVIDED IN FEB ARE FINALLY HIT
Though we had reviewed our count of the 2010-2011 decline several times, the targets we provided at the beginning of the year at 16,000were eventually achieved.
Alpha is a daily strategy signal product that gives trading and investment signals. Alpha is a numeric Ranking product based on TIME fractals. The signals are illustrated through tracker and running portfolios. Alpha can be used by fund managers for relative allocations, traders for leverage bets and high net worth clients for selective trades. Alpha is a part of the time triads analytics developed by Orpheus Research.
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Dan-Andrei Rusu graduated in 2005 the Faculty of Economics Cluj-Napoca, “Dimitrie Cantemir” University. In the same year he joined BT Securities as a financial analyst. He is currently the Head of Research at BT Securities and a speaker with Romanian Brokers’ Association. He is an MTA (Market Technicians Association, New York) affiliate and cleared CMT level 1 exam. He is a contributing columnist for Orpheus Capitals for the ALPHA GLOBAL INDICES.