Longer term very bullish for Brazil

Pembelian

HSBC ETFS PLC MSCI BRAZIL UCITS ETF GBP (LSE:HBRL)

LSE:HBRL HSBC ETFS PLC MSCI BRAZIL UCITS ETF GBP

Assuming that my wave (2) is in fact wave (2) and not just (A) then I reckon there could be some serious upside for this emerging market (and others) going forward once wave 2 is out of the way. This wave (1) comes after a long term decline and would suggest that a wave (3) could be coming sooner rather than later.

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