IBOV idea for the next months. Brazilian Stock MArket
For the 
IBOV My idea it´s using Fibonacci, support, resistance and price action.
For me, the real estate, bad credits, and the unemployment aren´t in the current prices. So the next months the world markets should go down, the only reason for me that they aren´t in lower prices, it´s due to central banks, but someone will have to pay the bill or the majorite will not work, since governments pay them to stay home.
I´m a beginner, so let me know what you think.
IBOV My idea it´s using Fibonacci, support, resistance and price action.For me, the real estate, bad credits, and the unemployment aren´t in the current prices. So the next months the world markets should go down, the only reason for me that they aren´t in lower prices, it´s due to central banks, but someone will have to pay the bill or the majorite will not work, since governments pay them to stay home.
I´m a beginner, so let me know what you think.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.