---
title: 'Good Morning Market | Live Analysis | June 23, 2026'
source: 'https://youtube.com/watch?v=erl9JvvA45w'
video_id: 'erl9JvvA45w'
date: 2026-07-27
duration_sec: 3378
---

# Good Morning Market | Live Analysis | June 23, 2026

> Source: [Good Morning Market | Live Analysis | June 23, 2026](https://youtube.com/watch?v=erl9JvvA45w)

## Summary

This live market analysis video from June 23, 2026, covers the Brazilian and global markets, highlighting a tech selloff driven by interest rate fears. The hosts discuss the Ibovespa's recent recovery, COPOM minutes, and provide technical analysis on key stocks. A significant segment promotes a structured product for SpaceX BDRs with 90% capital protection.

### Key Points

- **Market open overview** [01:07] — The US markets are in a meltdown, with technology companies falling sharply. The Ibovespa rose over 1% the previous day, trading above 170,000 points.
- **COPOM minutes released** [03:11] — The minutes from the COPOM meeting were released, with comments about 'unanchored' expectations. Market participants are awaiting interpretation.
- **Global market data** [04:06] — PMI data released: France slightly higher, Germany slightly lower, eurozone in line. US ADP employment data and PMI at 10:45 AM expected to bring volatility.
- **Tech selloff reasons** [05:49] — Technology companies are falling due to distrust and high leverage from heavy spending on AI and microchips. High interest rates hurt these firms, with South Korea's KOSPI falling 10% overnight, triggering a circuit breaker.
- **US index declines** [06:46] — SDAQ down 2.74%, S&P 500 down 1.34%, Dow Jones down 0.50%. Dollar index up 0.24%. Gold and precious metals declining. VIX fear index up 14%.
- **Currency movements** [08:35] — Japanese yen appreciated most, followed by US dollar and Swiss franc. Australian dollar, NZ dollar, and euro falling.
- **Technical analysis of DXY and Ibovespa** [11:48] — Dollar index (DXY) broke through high, targeting 101,600. Ibovespa has support at 172,000 and resistance at 172,900. Important points for dollar: 560 upward, 5140 downward.
- **Live trading room promotion** [13:44] — Paco promotes a holiday discount on live trading rooms: 12x R$199.70 or R$997 cash. Claims 81% accuracy, 103 operations, R$5,478 profit in June.
- **Ibovespa technical view** [20:09] — Ibovespa broke prior low on daily chart, indicating downtrend. Most likely scenario is continued fall to 72-period weekly moving average. Possibility of reversal exists.
- **SpaceX IPO analysis** [22:15] — SpaceX IPO surged 43% from first-day low to third-day high, now retracing. Likely to break first-day low. Host recalls a 5-year structured product on Tesla from 2016.
- **SpaceX structured product details** [26:28] — XP offers a 2-year structured product on SpaceX BDRs with 90% capital protection. Client participates one-for-one in upside up to 164%, then capped at 45% total return. Worst-case is 10% loss.
- **Market opening action** [33:55] — Ibovespa opens gap down, giving back part of yesterday's rise. Host places a small buy order with tight stop.
- **Outlook and individual stocks** [37:21] — If Ibovespa breaks below 167,250, target is 159,000. Analysis of PETR4, VALE3, BBAS3, BBDC4, ITUB4, and others. Most stocks require bullish pivot above moving averages before buying.
- **MELI and QBTC11 analysis** [44:20] — Mercado Libre (MELI) showing trend reversal potential if it breaks R$72.14. QBTC11 (Bitcoin ETF) not suitable for trading due to 24/7 market vs. 7-hour B3 session.
- **Cursor analysis and other stocks** [46:53] — Cursor (CURY) approaching buy signal with pivot above moving averages. Aura (AURA33) support at R$84.56. XPBR31 held long-term. Anima (ANIM3) at support, needs bullish candle.

### Conclusion

The video provides a comprehensive morning market briefing with technical analysis of major indices and stocks, while notably promoting a structured SpaceX investment product. The hosts emphasize caution amid global tech weakness and wait for bullish pivot signals before entering new positions.

## Transcript

Starting another Good Morning Market on this beautiful morning of June 23, 2026, a day of meltdown in the American markets, with technology companies falling sharply.  That's how we say
good morning to all those people who are here without power.  You didn't pay the electricity bill there, Paco, because it's really dark out there.  Natural light, oh, oh, oh, oh.  Oh, my God in heaven!
I have a remote control here that boots up the PC, look.  Oh, PCA is going up, oh.  Pana boots up the PC, look.  Oh, PCA is going up, oh.  Pana going up, oh.  Ah, the remote control.  [laughs] Very good.   How's it going , everyone?  Welcome.  Good
morning, Flor, Pipo.  Let's go, Dad.  Another day in Quedolândia, huh?  It's today.  Let's go!  Thanks, Tutu.  Good morning.  [snoring] sir? Good morning, André.  Good morning, Paco.  Good morning
game. Beauty.  Let's go.  Well folks, yesterday, after many years, almost a millennium of decline for our Ibovespa,
yesterday we decided to see it rise, with the Ibovespa rising more than 1%.  And look, with everyone's help, or at least everyone's help, that's what matters, okay?  Well, Petrobras went up 0.95,
lost a bit of momentum, but still ended up going up 0.20, and the banks ended up going up 0.20, and the banks went up quite a bit.  BBAS almost 1%, uh, BBDC more than one and iTube.  Our beloved ITub 2.68.  In other words, the market had
a nice bullish setup yesterday, right?  And with that, our market is back to trading above 170,000 points, which is very good.  right?  This has been a very complex week, hasn't it?  There's a lot of data to be released, especially on
data to be released, especially on Thursday, right?  Well, today we had the minutes from the COPOM meeting.  I'm waiting here for opinions from those who understand this stuff, okay?  Because a lot of things are coming out, no, because it's
unanchored" thing, this "whatever" thing, is confusing, isn't it?  But soon, when the market opens, we'll know what this market is like or what the market participants thought of these minutes, right?  So let's go!
Now, as I said at the beginning of my post here, the American market has subsided. This time it has nothing to do with Orm, Iran, Iraq, the United States, or Trump,
right?  It's much more the American market that's afraid of interest rate hikes further down the international market, so we can start to get an idea of ​​how everything is going, right?  Look, so you can see that I 'm improving, honoring [my honors], you see?  I'm
enriching my vocabulary.  So, to show you how everything is going, this international market.  Paco is with you. Let's go see Orlando here.  Oh, oh, oh, Andrezão.  Yeah, that guy from Orlando,
everyone, let's take a look at what's happening in the world today.  For now, PMI data, economic growth figures from those countries, have been released.  France has already released figures that are slightly higher than expected, while Germany has released figures that are
slightly lower.  Over in the eurozone, it came more or less in line, okay?  Some are pulling downwards, but it's pretty much a zero-sum game.  Today we have, we had the minutes from the COPOM meeting, we have here the weekly employment variation, the ADP, which is not yet a preview
of the payroll, because the payroll comes out this week and the ADP comes out every week, okay? So, here's an interesting piece of data that has implications for employment.  The PMI will be released in the United States at 10:45 AM.  So it's very important to keep an eye on this data here, as it can bring
eye on this data here, as it can bring volatility to the market.  Looking at the volatility to the market.  Looking at the global market, well, Asia is melting down, it fell this morning, Europe is currently in the Sijo Gandia region.  And here we have to
why is everything falling apart, right?  We're going to see that everything is falling apart, in addition to the obvious concern about interest rates, about raising interest rates, about raising interest rates, since we have one here
interest rates, since we have one here with 31% already trying to price in a possible interest rate hike for July.  This is all obviously related to Joe from the chicken's foot stand, but we also have another piece of data, which are the stock markets linked to
technology companies.  To give you an idea, the South Korean CP index idea, the South Korean CP index fell 10% overnight, even triggering a circuit breaker, largely driven by Samsung's stock, okay?  So,
technology companies have been suffering because of distrust, and not only distrust, but also the self-indebtedness that exists in these technology and AI-related companies. They've been spending a lot on new discoveries,
on evolution, on microchips and everything else.  Obviously, these companies need to spend a lot; they operate with high leverage, so they need to borrow money even for maintenance, upgrading their
technology infrastructure, and everything else.  So this creates apprehension because high interest rates end up harming this type of company, and this causes all or most companies worldwide linked to
this IT segment to collapse today, okay?  So, we have the eurozone falling here, and here in America too, to give you an idea, the SDAQ, which is an index linked to technology, is down 2.74%,
the S&amp;P 500, which has technology stocks in it , is down 1.34%, and the one that has suffered the least , is down 1.34%, and the one that has suffered the least so far is the Dow Jones, falling 0.50%. The DXY dollar index is currently up 0.24, starting to show a
stronger upward trend for this time of day.  Gold is losing ground compared to everything else.  Looking losing strength, with all precious metals currently declining in value.  Yeah, and the oil, like, branch, WTI
is trading at 0-0.  It was even falling, it's holding on a little bit with the possible peace agreement between the United States and Iran, even because the United States suspended sanctions against Iran for 60 days.  And
legend has it that they authorized the United States, they authorized Iran to sell oil worldwide in dollars, okay?  So this is a sign that has brought some calm to the market regarding the war.
Iron ore at the Italian port closed down 0.54.  US yield curve .  We see the short-term interest rate curve rising sharply and the long-term curve falling a little more.  Looking at the VIX here, the
fear index is up 14%, so it's already showing signs of apprehension about another day of risk-off, or in other words, risk aversion.  BBDC, our stock traded abroad, our ADR is currently down 2.59 in pre-market trading.  Itaú shares
fell 1% in pre-market trading.  Petrobras is currently down 0.35, and Vale is currently experiencing a 2.5% drop.  With all this, our index traded abroad, the RWZ, is down 1.46
this morning.  The currencies that have appreciated the most are the Japanese yen, followed by the US dollar and the Swiss franc.  Who else falls?   The Australian dollar, followed by the New Zealand dollar and the euro.  Let's look at the chart, to get an idea of ​​how
chart, to get an idea of ​​how this global market is doing, possible support and resistance points, and how SpaceX is doing too, that scoundrel who slipped on the okra.  Wait a minute, I'm trying to
find it here, but I can't find it.  Oh, it's not here, it's not here, it's not here, it's not here.  Let's go.  SpaceX, folks, right now, it went to the
folks, right now, it went to the opening point, right, on the day of its IPO, it broke through that low, and now it's appreciating a little, going up 2.70.  The DXY, the dollar index, is there, it
broke through the high, continues its strong rise, seeking the target of the movement at 101,600. And what's going to happen in the tumble of the dollar index is the euro, which is coming to seek a very important support region,
which is the range of 1.14.  The dollar index, the Dal Jones index is currently trading here after breaking through the top, it fell a little, and now it has just retreated.  Nasdaq, which has been doing a really bad job
, is reaching a point where it's starting to show signs of bipolarity.   There tends to be a little bit of support in those 29 with 500, 29 with 700. The S&amp;P 500 is also in SOGAN mode, and is also testing an interesting support level
also testing an interesting support level .  It's dropping by 1.24 Bitcoin. This Lafranho, now it's playing it safe, it's down 3% at the moment, it tried to go up yesterday and today it's already giving back everything and then some. The gold, the gold is coming too,
trying to pull you down with all its might.  If you lose the area closest to 41, Bola Bola might come looking for it down below three or four, right?  So, three, his target here is closer to 3970.
Pay attention to that point.  For gold. support point and opening up space as the gap closes.  The
10-year US interest rate has been losing a little strength.  Yesterday it tried to rise, now it's losing some strength, but it's trading at 4480. but it's trading at 4480. And our Real versus the dollar, which
tried to rise yesterday, is now taking a sharp hit to stop being to stop being naive and is falling 0.54, which brings a perspective of a downward gap opening for the index and an upward gap
downward gap opening for the index and an upward gap for the dollar.  Just don't create bias, let it unfold the way it's meant to, and along the way we'll see what we can [snoring] Okay, my friend.  Okay, my friend.
So, let's go, okay?  Good morning.  Nice presentation.  You're Thank you very much. Impressive.  Impressive.  Look, ever since you started trading live, it gets a little better every day, right?  But let's go.
Túlio Montes, I want to know what the dollar index points are, okay?  Because yesterday, man, I did well with Bitcoin, but the index was super boring, right? After 10:30 he took another walk and then stopped.  I know
you guys did some good work there because I heard about it, but I couldn't do it.   Let's go then, André.  Sharing my screen with you all here.  Let me see, wait a minute . Ready.  Well, Dolinha came to test this
Ready.  Well, Dolinha came to test this region we talked about in 510, right? He respected this region here.  Let me grab this here, several times.  So, pay close attention to the breakout below 540 .  It can come here on 518, 515.
And if it passes this region of 560, it will come to test 582, another important region here .  And moving on to 5200, okay?  So, for Dolinha,
5200, okay?  So, for Dolinha, important points: 560 upwards, 5140 important points: 560 upwards, 5140 downwards.  And our index, what a crazy thing, right?  We talked yesterday about the rupture in this region here, right, the 172,000
ball.  He broke up, left, and now he's sidelined here.  So, an important point for the index today: going down, a break above 172,900 will cause it to test 172,000 again,
most important points for the index and the dollar for today.  Let's go to the game. Let's go, let's go to the game.  Let's go to the game. Okay, let's go.  Messages from Paco.  Paco, we're having a flash sale
on live trading rooms, right? How's your classroom going?  You went 58 days without losing, then you lost one day, and then you went I don't know how many days without losing.  So, how's it going? Hey, Andrezão.  Yesterday was another
positive day for us, thank God.  So, we've been here for six days.  Uh, yesterday was the fifth one, right?  Today will be the sixth, God willing.  Yes, that's positive, okay?  So, we're working there for six days, like we joke around with in the CIPA (Internal Commission for Accident Prevention), internal control
we joke around with in the CIPA (Internal Commission for Accident Prevention), internal control of the audited package, six days without injuries, okay?  So, uh, managing to maintain uh [snoring] that high success rate that, thank God, LPF provides.
Legal.  And one thing I also know, because I'm seeing the testimonials from the guys, is that you're also doing great in your room, Túlio.
That's right, André.  We're doing well there too.  Well, I think all the live trading rooms are doing very well. So, consider this an invitation for those who aren't already here.  There's a great holiday promotion going on that
live trading is offering, so come on in because we're doing really well in because we're doing really well and it's the best trading room around. It's us, there's no point denying it.  You can look for it anywhere.  The
best analysts and the best calls are right here in live trading.  Let's go! Very good.  Very good.  Very good. Pacuror, show us the page. Go.  Come on, Andrezão.  Let's take a look at what's happening here with this
look at what's happening here with this for people called " live trading vacations."  What would that be, huh?   " opportunity for those who want to be closer to us, even on vacation.
So you're enjoying your vacation and want some recommendations.  Wow, that's very simple.  The link will be pinned below the chat.  Above the chat in the description, what do you get out of this , guys?  When you activate your
vacation mode, go out with your family, and enjoy that peaceful, relaxing, and well-deserved break, we can help you in a few ways.  One of can help you in a few ways.  One of them comes through our room, in case you
still want to be there with us even during the holidays. So, all the live trading rooms are available for you.  Master André's room, Túlio's room, Ja's room, Flávio Pascoal's room, Gustavo's room
Flávio Pascoal's room, Gustavo's room , Evandro 2MV's room, my room, and even Rabelo's room, where he helps everyone.  In addition to all that , you'll have apps with recommendations.
recommendations.
three introductory educational courses: scalping from scratch, Túlio's practice, the dividend lab, J's first steps, and an introduction to my J's first steps, and an introduction to my method, LPF.  So, all of this is
available to you in the palm of your hand for nothing more and nothing less than what's listed for nothing more and nothing less than what's listed here, folks, 12 installments of 199.70 here, folks, 12 installments of 199.70 or R$997
[clearing throat] in cash.  This is what 's available in this promotion, this opportunity for you.  Guys, think about this with me . 199.70 is much less than most people taking a stop without knowing what they're doing.
So, for example, coming here to my example inside my room, just this month, Andrezão, we're here, [snoring] look, 81% accuracy, 103 operations, R$ 5,478. In other words, whoever is
following me has already paid for this and much more; they've already paid for this and about three more products ahead.  So, uh, if you want to, I'm not guaranteeing you 'll get it, but my report speaks for itself, I'll just show you a
semi-annual report here, look, my report shows that yes, it's possible to extract money from the financial market. Yes, day trading is a risky profession .  Yes, like I did yesterday in a video, there are risks, of course there are, but
who said your CLT (Brazilian labor law) is a safe thing, right?  It's something that depends on others, that from one day to the next, because of politics, because of whatever, someone pulls the rug out from under you and you're fired, like I've been fired a few times like that.  So here's
the invitation: if you want to learn more, if you really want to learn professionally from someone who has proven results, the opportunity is right there on the screen! Very good, very good, man.  What a beautiful
Impressive.  You're feeling inspired today, aren't you?   He must have drunk that half- liter of Valentine's, that old man used to drink it from that plastic bottle.  He's feeling very cheerful today.  Let's
go.  That's real boar blood. Oh my God, don't remind me of that.  But let's go.  Hey, run over to the live trading room.  There's a lot going to happen today.  The American market is collapsing.  Let's see how
Closed. It cost.  And. Thanks, everyone.  Good morning.  Good luck to everyone.  Take care of yourself, Boleão everyone.  Hugs everyone.  Bye bye. It cost.   That's it
André, let me just extend an invitation: tonight I'll be doing a live stream to talk about scalping.  And for those who aren't already part of the Tutu community, join the community because the link will be available there tonight at
8 PM.  André, thank you very much.  Good luck with your operations. Bye, bye. It cost.  Until later.  Let's go.  [snoring] talking about Bovespa, okay?  And then I'm going to talk about something I'm
super excited about.  And it's a good thing it 's not the same as mine, right?  Because I can join too.  I'll go with whoever goes, okay?  First, let me talk about the Ibovespa, shall we?  We're here every day, right?  Trying not to
wherever he wants, right?  But simply trying to identify it as quickly as possible, right?  What tips is he giving us so that we can take advantage of this and make good trades?  Perfect?  So, let's start
here, right?  The Ibovespa, in this correction, broke through the previous low, right?  In other words, it necessarily has one of the patterns of a downtrend on the daily chart, which is precisely having a lower low than the previous one.  Perfect?  And so,
since we have a pattern of a downward trend, we think the most likely scenario is that it will continue to fall and come to this 72- period moving average on the weekly chart that's plotted here to make it easier for us to
visualize.  Perfect.  And of course, since we don't have the power to predict the future, the second possibility is that it reverses this movement it's making here and returns to an upward trend on the daily chart, since on the weekly chart, the
chart you want, it's in an upward trend.  Perfect.  Well, in other words , we're in a phase of caution, right?  Because at this moment, with yesterday's rise, it's not so clear what the next steps for the
Ibovespa will be.  Today is a trial by fire. We had the COPOM minutes released, right?  And of course, these macro things end up contributing to or hindering the trend.  And we also have the American market coming down, okay?  Think about it
American market going down, we have to be careful.  I'll even use the Dow Jones, which is the most stable of them all, right? Look how the trend thing works .  It even looks like us, doesn't it
?  Dow Jones came here, look.  And it broke through the bottom of the daily chart, and then what did it do ?  That's what we talk about, right?  Oh, a pivot above the moving average and it sent things soaring at this graph, we realize, damn, crisis, right?  It's not here, is it?  But
today the market is pointing downwards, right? So, we've already had some actions pointing downwards, right? Technology-related actions, mainly, okay?  This one
Technology-related actions, mainly, okay?  This one I'm going to show you, look. SpaceX, right? It
was released to the market, right?  Wow, that was a fantastic IPO, wasn't it?  It's even going up, look how impressive. From that low on the first day to the peak on the third day, 43%. And now going back to everything, it's very likely,
And now going back to everything, it's very likely, in fact, that it will break through in fact, that it will break through this low point here today, okay?  That was the lowest price this low point here today, okay?  That was the lowest price reached on the first day of the IPO.  Well, now there's
reached on the first day of the IPO.  Well, now there's something I learned the hard way , okay?  Because I always had some doubts about Elam Musk, about his ability to deliver so much, you know?  Yeah, and he always delivered, okay?  I remember
Tesla very well, and I'll remember the past, okay?  Uh, this is
It happened in 2016. Let me come back here, okay?  So, for those who like structured products, okay?  Well, you should know that I was one of the ones to blame for us working so much on this, okay?  In 2016, when
so much on this, okay?  In 2016, when Tesla broke through this trend line, we set up an operation betting on Tesla's price going up.  And it was a 5-year operation, that is, from 2016
a 5-year operation, that is, from 2016 to 2021, okay?  Where you had part of the capital protected, if I'm not mistaken it was 85% of the capital protected, going above that was 85% of the capital protected, going above that you could have a gain, it was almost
1000% for you to lose that gain, right?  And we saw this operation happen, it was beautiful, wonderful, wasn't it?  I think it was a beautiful way to open the door, wasn't it?  The problem is that 5 years later, nobody there even remembered that I had made the call.
remembered that I had made the call. And if I'm not mistaken, we made that And if I'm not mistaken, we made that call on a good market day, okay?  Uh, from Infomôia studios that day, okay?  So, why am I saying
all this?  And going back to SpaceX, right? I was at I was at XP last week and saying that initial setback, if we had derivatives to do a
trade and everything, like a short day trade , it wouldn't have been possible, anyway.  And derivative, only in six months or so." But folks, there are already derivatives, meaning there But folks, there are already derivatives, meaning there are already options, there are already over-the-counter options.
Bulegon and we were very excited about the possibility of securing a medium-term deal with SpaceX, where we would have a good
possibility of, I don't know, more than doubling that capital if the deal doubling that capital if the deal goes through.  It's that 10-to-1 operation, right? If it goes wrong, you lose one, if it goes right, you
actually win 16 to one, okay?  So, before we begin, let me bring little bit, Bulega, uh, about what you found for us here.  Could it be. Good morning, Andrezão.  Sure, good morning
everyone.  I think the explanation was perfect, right, André?  We were perfect, right, André?  We were together that day at XP, right? And people were saying, "Wow, there's no BTC to go short, there won't be any
derivatives."  And then, in parallel, we were talking to the team at the trading desk, asking, "Hey, are there any over-the- counter derivatives options we could use to set extremely topical, right?  And the customers here have also placed a
lot of demands.  We needed to put together something along these lines to offer our clients an investment allocation solution , with a significant portion of the capital protected for those who want to become partners,
want to become partners, shareholders of SpaceX, or rather, shareholders of .  Let me put it on the screen here.  Hey, why didn't you come in? go.
go. Hey, here, okay?  Hey, let me, I... I'd like you to explain quickly.  Then I'll ask a question here, because I want to do this operation for myself, for Marília, and for Lídia, okay?
here, just to get a general idea. we going to do?  We're buying SpaceX's BDRs, okay?  So it's listed abroad, right?  For those customers who already know, right?  To invest
through BDRs.  So we're buying the SpaceX BDRs listed buying the SpaceX BDRs listed here, right?  Where the client has 90% capital protection.  So, if SpaceX, you know, drops 10%, we're covered by that
10% drop, but below that 10% we're fully protected.  In other words, the worst-case scenario, on the due date, is that we have a 10% loss on this structure. How much is the salary?  First
that 10% isn't a barrier, right?  For example, if it drops 50% and then recovers participating.  And that. Keep participating.  Perfect, Andrezão.  And that.  If it weren't for that, uh, uh, a 10% drop,
right?  Yesterday it dropped 14, right?  So , we're going to So today we have to hope for a 20, right?  And that. Perfect today.  Perfect.  Then the customer enters at today's closing price.
So if it falls today, right? Even better, it improves our... our entry point upwards, team.  So, the client typically participates in a rise of up to 164%. So, up to a 164% increase, we'll
participate one-for-one, right? It performs normally within the portfolio.  If the normally within the portfolio.  If the increase exceeds 164%, the increase exceeds 164%, the client's profit is limited to 45%.
A two-year position structure, a moderate period, as André mentioned, isn't long-term, right?  Two years is a relatively average period, it's not short either, but it's average, okay?  And we believe this is an excellent time to
structure an operation like this.  A client might ask: "Wow, but I'll be limited to 45%, right, as if that's bad, right, Andrezão? But folks, create an operation where the client only has the cost of purchasing
Spaceex, meaning they won't have to pay for protection, naturally what finances this protection is a limit. So, the this limit, in our view, are excellent. 164% at the high. In case of
exceeding that, it limits to 45%. In two years, if we take the Selic rate now, we 're talking about an exceedance of almost 150% of the CDI, even more, right? So, Uh, so let me understand the parameters here. Uh, let
me put 20,000 in Marília's account , for example, my daughter's account. What's the worst that can happen in two years? I withdraw 18, right? I lost 10%. That's it." Exactly. Exactly. Then it started to go up. It went up 10, I'm
earning 10. It went up 20, I'm earning 20. It went up 100, I'm earning 100%. It went up 163, I'm earning 163. It can't hit 164, because then the other leg
of the operation is triggered and locks my gain at 45% in 2 years. That's, I don't know, it's much more than, I don't know, I don't know what percentage of the CDI, but man, in
at least we hope it won't, because we don't expect the SELIC rate to rise, it might even stop falling, right? Uh, it's expected to be at 14% by the end of the year . Uh, in other words, it will probably still fall to 25% this year, but it's much
right? Perfect, Andrezão. That's exactly it, okay , everyone?  So, uh, we've had clients ask: "Surely, I don't want to have a limit, can I just buy the stock and buy a
just buy the stock and buy a put option?" Guys, the put option... begin to defend the stock, it would have to
fall more than 30, 40%. In our view, that didn't make any sense. So, wow, three possible scenarios. Worst-case scenario, as Andrão, Andrezão commented, there's a 10% loss in 2 years, right? A moderate scenario, earning more than 150% of the
CDI. Andrésão, I was here, I said 150 before, André, you said I don't know what that represents. I was doing the rule of three, it really surpasses 150% of the CDI. And the best-case scenario is never hitting that 164% increase and we take all the
Great. And if it does hit it, it probably means that Elamusk sent the rocket to Mars,  Right? Uh, we still have a risk-reward ratio of 1 to 4 or 5, right? Which isn't
such an easy ratio to find, okay? Uh, Blegomon, I don't know about the others, but for me, can you prepare three order forms for me, for Lidia, and for Marília? Just a reminder, okay? This is an XP call, right? Uh, it's not André's call,
so I can participate in the operation. Uh, Bulega, uh, I imagine there must I don't want to miss this one, etc." How do you participate in this? Perfect, everyone. We've already been in contact with clients quite a bit, okay?
But raise your hand if you're interested, call your advisor, call your equity trader. You 've seen, right, the VOL, the showing, it's not a call we're going to work with for very long, okay?
Really. We'll probably focus entirely on it today, right? And not  I don't know if tomorrow. So, get in touch with your advisor, your equity trader . The team is 100% available to assist you and better explain and
understand the space within the portfolios. For those who aren't clients, take advantage, right? Flavião put the link below, contact us on WhatsApp to learn a better understand your current situation in the market and in your
in the market and in your financial life as a whole. Okay? Okay. Very good, man. Just to clarify , Marcelo is right, okay? If we stay in this operation, we're not investing, for example, in
also have to take into account that you could earn, I don't know, in two you could earn, I don't know, in two years, the same amount of money one-to-two ratio, okay? In other words, still
a very interesting ratio. It's a single thing, what is the It's R$0.00. That 's it, Andrezão, R$ Approximately 20,000, okay? That's what we've been working with here, but it's what I
but for each client we also understand that there's an assets, portfolio, percentage of exposure to stocks, investor profile, right? So, it's extremely important to talk to your
advisor to better understand this space within the structure. Very good, very good. Thanks, man. Thank you very much, okay? It So, ah, let's go. And for those who don't have an account with BFR, just contact
the phone number that's appearing there and we'll sort it out today, okay? That's it, André. Perfect. Great. Thanks a lot. Good work there. Thanks, André. Thanks, guys. Let's go. A hug.
Thanks. Well, folks, let's go. Let's finally begin, okay? Let me talk about the Ibovespa, right? We were in it...  So, the Ibovespa gained momentum yesterday, right? Uh, but, you know, that
momentum it gained yesterday, it's losing a bit here at the opening, okay? So, let me just place a small order here because, well, it's giving a little something here. I hadn't even noticed it opened with such a big gap, right? Uh, and
let me just check something here, because I really like this thing at the beginning of the day, right? The candles are huge and everything, right? But man, buying if it breaks this up would be great, right? The problem is the
size of the
it's done, right? The problem is the size of the candles, right? But look how crazy this is, right? candles, right? But look how crazy this is, right? Look, imagine, right? You buy here breaking this support upwards, right? But the stop is a stop of, I don't know,
700 points, right? It's not possible, right? So let's wait for the market to calm down a bit.  Not much. But anyway, that rise we had in the market yesterday, it's going away, right? Or part of it is going away precisely at this
market opening, when you have the United States falling quite a bit and we're feeling it here in our beloved Brazil too, okay? So we're paying attention
to exactly this condition, right? Let's see how the dollar opens, right? Look, the dollar is opening here at a point of considerable resistance, right? A little more rise, and it makes the reverse movement, okay? And this reverse movement could bring
it here to this region and then lose strength, fall, who knows, okay? So let's keep an eye on it, okay? And Bitcoin, which had a good sell-off yesterday in this region, okay? Uh, it's down this morning
Uh, it's down this morning , okay? It's here at 329, , okay? It's here at 329, anyway, and it we had here. And now this gap closing, right, becomes
gap closing, right, becomes one of the targets for this thing, okay? So it 's good to pay attention because if it starts to rise from here, there's  "Some opportunity, right, man? But I really want to buy this index, right? I really want to
to buy this index, right? I really want to . I don't know if I . I don't know if I should
something like this. I'm just going to put two contracts here for us. two contracts here for us. This here, see? Okay? Let's go.
a little more, right? Something more or less like this, you see? You just can't have a stop much bigger than this, right? Uh, eventually it's below 830,
740 here. Okay, okay. And then, André? If it falls, let others make money, Let others make money. If it falls, let others make money, okay? If it goes up, we participate, okay? If it falls, no problem. That said, let's go.
So, the market went up yesterday, okay? Let me get this information out of the way. Today the outlook is for a falling opening, okay? It just can't break through these 167,
uh, 250, because then we'll have..."  It's a bottom loss. If that happens, the market indicates, right, a drop to 159,000 points, which is the final target, in my opinion, of this downward leg of the
market, okay? Speaking of PET 4, everyone remembers, right? When Petro 4 broke through this region, we recommended that those who were long on it should get out, okay? And PET 4 did something that I find very interesting, okay? It
retreated, even more than the market in the middle of these averages here, okay, André? Buy signals. I want buy signals, I want them. There aren't any, okay? For now, what we have here is a slight recovery, okay? And a recovery that's
even beautiful at the moment, because oil is flowing down, okay? So, a slight recovery to think about buying Petro, right? What will I need? Oops, let me get this out of here. I will need a bullish pivot, okay?
That surpasses these averages. And then after that I  I'll think about buying the stock. Before that, we'll stay out. It's far from the averages, I don't want to sell, okay? It needs to go back to the averages to exit, and
buying isn't an option right now, okay? Let's go. Then we have Vale three. Let's go. Then we have Vale three. clearly in an uptrend, we could even say:
"Look, the market is in an uptrend, so let's buy because it's market doesn't have an uptrend, okay?" So, for now, we'll stay out of it .  At BBAS, we just want to sell, okay?  Because BBAS has a downward trend.
that funding, we can consider selling.  So below 19.16 we think about selling.  The stock is at 19.84, partially at R$ 18.48.   Okay
19.84, partially at R$ 18.48.   Okay ?  What is this a case of?  From BBAS3.  And BBDC.  BBDC is there fighting with that point that I love, right?  I think it's a point of support, but she can't stay above it.  If you're between
18 and 26, I might consider buying it, but that's for later, okay? For now, we won't have that option, but we'll keep an eye on it. When it breaks through that point, the target, right, becomes 21.70.  And tube 4, tube 4 is a
bit different, okay?  Yeah, from the others. Why?  Remember when I said that?  Look, folks, when an asset is breaking out of a downtrend, it needs to make a small pivot above the moving averages, okay?  This is what you're doing, okay?  Look, this already gives us the
possibility to consider buying, if it gains strength, on the breakout of this high with a stop down here.  Why? Because that part we're asking for, you know, it needs to have a pivot, it needs to have a pivot.  Look, EtTube is already doing
that, it's pivoting on the shorter timeframe, which is the 60- shorter timeframe, which is the 60- minute chart.  So, above 41 and 36, minute chart.  So, above 41 and 36, the possibility of buying arises, okay?  From
who?  From Etube. Okay, let's go.  GGBR4 gave a beautiful... uh... Okay, let's go.  GGBR4 gave a beautiful... uh... Elamusk's rocket from GGBR here
pointed downwards, exploded, right?  She was lying on her side.  When this happened , I bought and took my proper stop-loss order to stop being silly, you know?  Oh, and .  We need to make a pivot there so we can think about buying again.
thing happens with Minas Gerais; it came into the moving average region, so we need to pivot so we can think about trading against it, okay? We don't even want data on CSNA3, okay? So we're left out.  We could even consider selling it, but even
then, we could only sell it down here. When it broke through that bottom, it was already far from the averages, the risk was high.  So here we prefer to stay out of it. here we prefer to stay out of it. Wow, the retail sector has really gone
Wow, the retail sector has really gone downhill, hasn't it?  Well, Riachuelo is nice, but it doesn't do anything that's even remotely interesting.  The one I'm completely in love with is still Arpa. ARPA 4, Alpargatas, okay?  This one also
has buying potential if the market makes this pivot on the 60-minute chart; the point here is 1365, okay?  Well, the stop loss is R$0.94, and the partial exit is 14.36.  So this one here is super chic,
gorgeous, stunning, okay?  Well, from retail, it's the only one I look at and say, "I want it, I want it, I know," which, maybe, I do want, okay?  Maybe I want to.   She looks beautiful, wonderful, chic.  Okay, André and Veg. Well, Veg, we made a sale
with her, a transaction that went reasonably well, and now she's gone above average.  Another day will bring a bullish pivot on the 60-minute chart. When that happens, I'll change my mind and go with Veg, okay?   There 's absolutely no problem.  We were
selling it, thankfully, okay?  And now she 's looking up again.  The above is 46.16. I would consider buying VAG with a stop-loss below 44.40.  And then we have it in BRAER, okay?  Remember what I
told you?  It's in a downtrend; to buy, it needs to form a pivot above the moving averages, and that pivot is happening at Braer.  Same thing, okay? It broke through the peak, okay?  At 81.20, there's already a buying opportunity with a stop-loss below
buying opportunity with a stop-loss below 77.28. main ones, these are the main blue chips.  And from now on, I'll be
responsible for answering you, my dear friends, who are here with me every day working hard who are here with me every day working hard , studying the market, right, André?  Everything's falling apart, where's all the money going?  Dude, it's not working for my budget
, bro. For now, I haven't gone back to making money with swing making money off of this?  It's not me, and that worries me, okay?  I need to turn that worries me, okay?  I need to turn this around, okay?  Oh, it
's an honor to be in this audience.  That's it, okay?  André, is it possible to analyze it, okay?  André, is it possible to analyze M 34, man?  Sure, sure.  Mele 34, right? Yeah, we even did a structured one for Mele, right?  But because she's, she's
seeing this point here, right?  Look how many times Mele came to this region, she really got high, didn't she?  After that, right?   Just look.  How many times, right?  And here she is again, right?  Yeah, sure, right?  Therefore, she can do whatever
explained here.  But there's something we call a trend reversal, when the diffuser is crossed upwards, and it already is, it's just beautiful, okay?  In other words, Mell could fall, she could, she could.  Actually, she fell yesterday, right?  Now, if it breaks through
that 72.14 region, it presents a fantastic buying opportunity with a stop loss below yesterday's low of 67.64, for a type of operation we
call a trend reversal operation , okay?  It looks really nice, Mel.  And the , okay?  It looks really nice, Mel.  And the other one is QBT TC11, which is a Bitcoin ETF.  Dude, this stuff isn't good for trading, okay?
Why?  I'll explain it to you. Because, man, Bitcoin is a market that's open 24 hours a day.  Hey, do you see all these gaps here?  This doesn't happen with real Bitcoin, because it's open 24 hours a day.  So you can
stop anytime, you can enter anytime .  Here it works 7 hours a day.  And what chance do you have of making money when you have the whole market open 24 hours a day?  I mean, it's the same as if you were
mean, it's the same as if you were entering a Formula 1 race with a Formula One car, okay?  And you're there in Formula 1 racing against Verstappen, Formula 1 racing against Verstappen, uh, against Hamilton in a Ferrari, right?
term.  Damn, André, I want to own Bitcoin, but I don't want an confusing for me and everything, but it's for me too, okay?  There are a lot of people who say there's no confusion at all, but I find that confusing.  I want to have my accounts
at XP so I can be at ease, right? So you buy this thinking about long-term trading, okay?  Hey Lourdes, I really don't like it because the tools you need here to make a good trade are very
different from those offered by this ETF, okay? Hey André, how long is the live trading subscription valid for?  Is this the subscription that's on sale?  Ah, uh, it's valid for, uh, a
on sale?  Ah, uh, it's valid for, uh, a year, okay?  Exactly.  One year. Okay, let's go.  Let me take a look here.  I have one more request, okay?  André, I want to take a look at Cure, okay?  Curi.  Well, I'm not even going to look at BBAS because BBAS has a
downward trend, right?  You can't buy assets during a downtrend, okay? Why does the cure look so good now?  Oh, André is downstairs.  What do I say? Wait for the pivot above the devil of averages.  That's what Curio is doing.  So
come here, okay?  Entrance to the Curia costs R$3.95.  Wait, 3401, okay?  Stop loss at 31.77, R$3.95.  Wait, 3401, okay?  Stop loss at 31.77, partial result at 36.13, and final result at 409.
partial result at 36.13, and final result at 409. OK, Magalhães.  Let's go.  Hey, let me see if there's more... there's more.  Let me see if there are more.  André Aura 33. Aura 33. Aura 33. What are the support and resistance points?  Okay.  Well
below the averages, the averages always act as a resistance point. Perfect?  In other words, right now, 122.58 is an important resistance point, okay?  OK.  Legal.  And the support point, this guy here, 84.56.
This here is the 72-period moving average from the weekly chart.  Well, that's where she's going to find a good support point to, I imagine, try to
get back into the uptrend.  Okay , let's go.  EC TR for purchase, well, not yet, it's trending downwards, okay?  So, oh, oh, Maria José, I'm going to
ask you something, okay?  Wait for that movement, that little pivot above that average, okay?  In other words, please be patient for a while longer; it's not the right time for this asset yet.  It's because I like the sector, so go ahead and check it out, the curi is ready, okay?
go ahead and check it out, the curi is ready, okay? Curi is much prettier now.  Beauty?  We've already talked about BBDC 4, okay?  But let me just repeat, for me, the purchase is above repeat, for me, the purchase is above here, 18 and 17. Perfect.  Cogna
is now a purchase.  Let's go.  Cogna has a downward trend.  In a downward trend.  In a downtrend, what you see is selling, okay?  There 's still no indication, in my opinion, as I said, that Cogna is going to
go up, okay?  Or at least no graphic indication.  You might even know something I don't, but the chart doesn't know what n't yet in a position to reverse the trend.  So, for now, I wouldn't
trend.  So, for now, I wouldn't consider buying this stock, okay?  XPBR 31, okay? 31. Let's go.  This is the action I have most of 31. Let's go.  This is the action I have most of for the long term, okay?  Well, I was a partner
at XP, I left, and I received some shares that I could have already sold.  I didn't sell them, I'm keeping in a few years this will be worth a lot, okay?  Well, it's difficult for now okay?  André, but I want to buy this asset, man.  So, I think there are
more obvious things, okay?  At least it 's at a support level, so you can 's at a support level, so you can buy with a stop below 76.50, okay?  OK.  Let's go [snoring] over there.  Anima. Anima 3, André.  Anima 3. Look, I even
tried to buy this asset in this region, but it lost momentum and went down.  He's at another interesting support point, which is this blue line here, which has been there at various times, you see?  So far in 2015, 2016, it's a point of support, right?
Now, do you see this formation here?  This needs to be drawn into a nice candle today , okay?  So, she's going to wake up with a gap down today, right?  Because the entire market will be falling at dawn. Well, if this closes, this is a
candle, okay?  If this closes like this, man, let's think about buying on the we'll think about the breakout above today's high, because it will have found support and left a nice drop at the support point.  Now, if it's
not that, then it really won't work, okay? Guys, I'm going to need a minute here.  Please hold on, don't abandon me, don't go away, I'll be right back, okay abandon me, don't go away, I'll be right back, okay ?
, uh, man, Anima has to give a signal, okay?  Without a signal, it's bad.  Perfect. BMGB4, dude, [laughs] I think she's beautiful.  I've already bought it, it's in my wallet.  Yeah, but you need to leave, okay?  If you've already
show you my wallet here, I forgot to do that today, and we show it forgot to do that today, and we show it in good times and bad, okay?  Let's go.  We ended the day earning 3,109.
Uh, we're sold in Bova, in Gate, bought in Multi 3 and BMG B4.  It's OK? Yeah, it's exactly where we bought it, okay?  So, our stop loss is at R$90 and
let's go, okay?  Oh, let's go. Chará, bought at BRAP 4. BRAP 4. Yeah, man, it's like I told you, it's still
worth it, right?  Okay, it's an alphabetical scale here, but your stop is below 22.20.   Let's hope this market gains momentum.  25.44 becomes the target of the operation. momentum.  25.44 becomes the target of the operation. Perfect.  Line 3. Line 3. Okay.  Yeah, this
is tough, isn't it?  But anyway, right?  Stop below R$13.71, resistance here at R$16. [snoring][coughing] Those are the important points from L Ren, okay, André?  What are
your average settings?  This one here is from 17, this fuchsia one, right?  Uh, this one here is from '72, this orange one.  And this one here is just an average of 72, but from the weekly chart plotted on the
daily chart, okay?  If you want to have it, great.  If not, then it's not necessary either. Those two are enough, okay? Yeah, bought in goal, goal, goal 4, right? Goal's performance has plummeted, hasn't it?  So you can't leave the stop loss too long, okay?  941 is already
that very important stop for this guy, okay?  And CSMG3, right?  It gave me a nice little stretch here when the news about its privatization came out, and I don't know what it was all
about.  And she has a problem here, okay?  61.30, right?  This is a point of resistance.  If she gets past that point, she'll be beautiful.  But here's the point where I would at least consider a partial exit, okay?  OK. André, I'm invested in directional lighting, okay?  Oh, the
directional movement is starting to create that gap, that pivot I'm talking about above the averages, okay?  So, a stop below 302 is great, right?  And bought too 302 is great, right?  And bought too , right, in Bev.  Look, I think it's
beautiful, but it can't go below R$92.  So I would place my stop here and R$92.  So I would place my stop here and the final target above at 1864, okay?  We've already talked about BAP, so let's talk about Pine, okay?  Pine Bank, okay?  It's
also incredibly difficult, there's not much you can do unless you make an exceptional pivot, so mark that down, okay ?  Hey, André Chara, above 13.77, this looks nice.  Now, if you're already invested, set a stop loss below 12. Anything higher
invested, set a stop loss below 12. Anything higher than that is really not a good idea, okay?  That's it , folks.  I think I answered all the questions.  I wish everyone there excellent operations.  Hopefully, we can secure some good deals and make some
money.  I'm sending everyone a big hug and see you tomorrow, everyone a big hug and see you tomorrow, God willing.  Goodbye.
