Wednesday, 10 August 2016

B.R.I.C.S

The emerging contenders............

Brazil - well the Olympics did get started

Russia - Love him or Hate him Putin is building the brand in spite of lower oil price, sanctions and the beat of war drums the index is forming a base

India -  Critical trading sessions ahead prices are at resistance

China -  at long term support and trend line time will tell if things will hold together

South Africa - Similar pattern to India but at resistance and a clear double top in formation

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