I'LL TRY TO PROVE MY THESIS THAT THIS UPSIDE MOVE IS A [B] WAVE AND NOT AN IMPULSE POSTING ALL THE ADR CHARTS THAT TAKE PART IN THE BR20 INDEX .

BVMF3 .. THE IBOVESPA ASSET ITSELF .. THIS IS THE LAST .. NO NEED MORE .. TAKE YOUR CONCLUSIONS ..

BBAS3 .. BANK OF BRAZIL .. more financials ..

BBDC4 .. BRADESCO BANK .. MORE ON FINANCIALS .. SAME WEIGHT IN IBOVESPA AS ITUB4 ..

ITUB4 .. ITAU BANK .. 4TH IN WEIGHT IN THE IBOVESPA ..

PETR4 .. Petrobras ..

VALE 5 .. VALE DO RIO DOCE .. 2nd largest mining company in the world ..

GGBR4 = GERDAU