Title
by Americanbulls.com LLC
Last Update
29/05/2020
^IGCX
CORPORATE GOVERNANCE INDEX
Last Signal: STAY LONG
Last Pattern: BEARISH HARAMI
Last Close:
14,100.6400
Change:
+78.9500
Percent change
+0.56%
Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 18/05/2020, 11 days ago, when the index value was 12,661.2300. Since then ^IGCX has risen by +11.37%.
Market Outlook
The market is uncertain with a negative tilt. The traders seem to be in disagreement. The negative sentiment, however, is increasing as evident from the last bearish pattern. So, it is better to be on alert. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern consists of a white body and a small black body that is completely inside the range of the white body. If an outline is drawn for the pattern, it looks like a pregnant woman. This is not a coincidence. “Harami” is an old Japanese word for “pregnant”. The white candlestick is “the mother” and the small candlestick is “the baby”. more...
Signal History
Date 
Price 
Signal 
 
BRL100⇨ 
18/05/202012,661.2300BUY 140.94
12/05/202012,610.2700SELL 141.79
08/05/202012,843.3200BUY 145.28
04/05/202012,919.1500SELL 146.16
28/04/202012,681.7700BUY 144.34
24/04/202012,824.8700SELL 145.21
20/04/202012,684.0900BUY 144.48
16/04/202012,538.2900SELL 145.35
06/04/202011,486.0300BUY 133.96
31/03/202011,707.8000SHORT 133.06
25/03/202011,099.1200BUY 127.67
06/03/202016,365.7300SHORT 97.76
02/03/202016,854.2700BUY 101.90
21/02/202018,394.2700SHORT 95.17
19/02/202018,607.4700BUY 97.44
14/02/202018,451.0100SELL 98.03
12/02/202018,457.3700BUY 98.66
06/02/202018,524.8650SELL 99.26
04/02/202018,507.0000BUY 99.76
27/01/202018,854.0800SHORT 99.14
20/01/202018,880.3200BUY 100.48
16/01/202018,485.3400SELL 101.09
13/01/202018,481.3700BUY 101.68
30/12/201918,180.9900SELL 102.29
13/12/201917,560.6300BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
BRL100⇨ 
18/05/202012,661.2300BUY 127.98
12/05/202012,610.2700SELL 128.75
08/05/202012,843.3200BUY 131.92
04/05/202012,919.1500SELL 132.72
28/04/202012,681.7700BUY 131.07
24/04/202012,824.8700SELL 131.86
20/04/202012,684.0900BUY 131.20
16/04/202012,538.2900SELL 131.99
06/04/202011,486.0300BUY 121.64
31/03/202011,707.8000SHORT 120.82
25/03/202011,099.1200BUY 115.93
06/03/202016,365.7300SHORT 88.77
02/03/202016,854.2700BUY 92.53
21/02/202018,394.2700SHORT 86.42
19/02/202018,607.4700BUY 88.48
14/02/202018,451.0100SELL 89.01
12/02/202018,457.3700BUY 89.58
06/02/202018,524.8650SELL 90.12
04/02/202018,507.0000BUY 90.58
27/01/202018,854.0800SHORT 90.02
20/01/202018,880.3200BUY 91.24
16/01/202018,485.3400SELL 91.79
13/01/202018,481.3700BUY 92.32
30/12/201918,180.9900SELL 92.88
13/12/201917,560.6300BUY 90.25
10/12/201917,243.5700SELL 90.79
28/11/201916,819.2600BUY 89.09
26/11/201916,770.7450SELL 89.63
21/11/201916,598.3200BUY 89.24
12/11/201916,615.7300SHORT 90.23
04/11/201916,840.6500BUY 92.56
31/10/201916,543.4700SELL 93.12
28/10/201916,591.4400BUY 93.95
24/10/201916,446.9200SELL 94.52
10/10/201915,721.6200BUY 90.90
08/10/201915,527.2300SHORT 93.17
04/10/201915,868.7400BUY 96.37
01/10/201916,090.7750SELL 96.95
19/09/201916,103.8300BUY 97.61
16/09/201915,870.9100SELL 98.20
28/08/201915,068.9800BUY 93.80
26/08/201915,049.3200SHORT 95.06
21/08/201915,434.3300BUY 98.67
14/08/201915,674.0100SELL 99.27
02/08/201915,664.0000BUY 99.81
25/07/201915,655.2500SHORT 101.08
28/06/201915,199.7400BUY 99.33
25/06/201915,288.1850SELL 99.93
19/06/201915,023.9400BUY 98.80
17/06/201914,719.0400SELL 99.40
07/06/201914,631.2200BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
BRL100⇨ 
18/05/202012,661.2300BUY 142.27
12/05/202012,610.2700SELL 143.13
08/05/202012,843.3200BUY 146.65
04/05/202012,919.1500SELL 147.54
28/04/202012,681.7700BUY 145.70
24/04/202012,824.8700SELL 146.58
20/04/202012,684.0900BUY 145.85
16/04/202012,538.2900SELL 146.73
06/04/202011,486.0300BUY 135.23
31/03/202011,707.8000SHORT 134.32
25/03/202011,099.1200BUY 128.88
06/03/202016,365.7300SHORT 98.68
02/03/202016,854.2700BUY 102.86
21/02/202018,394.2700SHORT 96.06
19/02/202018,607.4700BUY 98.35
14/02/202018,451.0100SELL 98.94
12/02/202018,457.3700BUY 99.57
06/02/202018,524.8650SELL 100.17
04/02/202018,507.0000BUY 100.68
27/01/202018,854.0800SHORT 100.06
20/01/202018,880.3200BUY 101.41
16/01/202018,485.3400SELL 102.02
13/01/202018,481.3700BUY 102.61
30/12/201918,180.9900SELL 103.23
13/12/201917,560.6300BUY 100.31
10/12/201917,243.5700SELL 100.92
28/11/201916,819.2600BUY 99.03
26/11/201916,770.7450SELL 99.63
21/11/201916,598.3200BUY 99.20
12/11/201916,615.7300SHORT 100.30
04/11/201916,840.6500BUY 102.89
31/10/201916,543.4700SELL 103.51
28/10/201916,591.4400BUY 104.44
24/10/201916,446.9200SELL 105.07
10/10/201915,721.6200BUY 101.04
08/10/201915,527.2300SHORT 103.56
04/10/201915,868.7400BUY 107.12
01/10/201916,090.7750SELL 107.77
19/09/201916,103.8300BUY 108.51
16/09/201915,870.9100SELL 109.16
28/08/201915,068.9800BUY 104.27
26/08/201915,049.3200SHORT 105.67
21/08/201915,434.3300BUY 109.69
14/08/201915,674.0100SELL 110.35
02/08/201915,664.0000BUY 110.95
25/07/201915,655.2500SHORT 112.36
28/06/201915,199.7400BUY 110.41
25/06/201915,288.1850SELL 111.08
19/06/201915,023.9400BUY 109.82
17/06/201914,719.0400SELL 110.48
07/06/201914,631.2200BUY 110.48
05/06/201914,496.0050SELL 111.15
20/05/201913,593.5900BUY 104.86
07/05/201914,131.6100SELL 105.49
16/04/201914,036.4300BUY 105.41
10/04/201914,269.1100SHORT 104.97
05/04/201914,389.5300BUY 107.14
03/04/201914,190.7000SELL 107.79
11/03/201914,255.2000BUY 108.93
28/02/201914,332.8000SELL 109.59
12/02/201914,142.9700BUY 108.79
06/02/201914,450.9650SHORT 107.81
30/01/201914,361.2800BUY 108.44
28/01/201914,134.5600SELL 109.09
24/01/201914,415.0700BUY 111.93
22/01/201914,113.7200SELL 112.61
28/12/201812,817.0700BUY 102.88
17/12/201812,919.3250SHORT 103.31
12/12/201812,915.8800BUY 104.53
04/12/201813,120.8500SELL 105.16
28/11/201813,009.4900BUY 104.90
26/11/201812,706.5400SHORT 108.76
16/11/201812,773.2200BUY 110.65
07/11/201813,035.8100SELL 111.32
26/10/201812,534.3800BUY 107.68
24/10/201812,504.2100SELL 108.33
16/10/201812,292.8100BUY 107.14
11/10/201812,253.5400SELL 107.79
09/10/201812,621.4900BUY 111.70
05/10/201812,093.7900SELL 112.37
03/10/201812,033.9800BUY 112.49
01/10/201811,630.2900SELL 113.17
06/09/201811,206.4200BUY 109.70
30/08/201811,325.7950SHORT 109.87
22/08/201811,286.4900BUY 110.81
07/08/201811,771.7000SELL 111.48
02/08/201811,650.5400BUY 111.00
31/07/201811,613.1400SELL 111.67
20/06/201810,576.1300BUY 102.31
06/06/201811,252.7200SHORT 97.68
01/06/201811,313.6650BUY 99.40
† Trade commissions are taken as 0.60%.

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