Brazilian financial market: Past, Present and Future – Paul Wallace

Paul Wallace, Financial Trader and Coach for trading beliefs details the past, present and the future outlook of Brazilian markets, also joined by Zak Mir, Technical Analyst at Zak’s Traders Cafe.

Highlights:

We take note of the bullish break from a long-term falling channel on the Brazilian Bovespa (equity index).

Wallace suggests peak pessimism is usually a time to be an early buyer…a rule that suits perfectly to the current situation with Brazilian markets.