intraday brazil stock market,bovespa prediction for june 20,2011

 model developed over last several years being extended to make prediction of brazil stock markets,bovespa for week of june 20-24,2011 and intra day monday{see previous post}

key predictions for monday june 20

•  market as measured by main index may touch lowest point by mid day  before  1pm .
• very volatile market which may open or rise in green in opening   hour before sharply correcting
• sharp bounce back in last 2 hours of trade which may not sustain
• if market opens sharply down it may rise before correecting
• suggested sell when bovespa  in green or in range 60900-61300
• suggested purchase when bovespa is down 600-900    before 1 pm             

• see weekly prediction below

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