In speaking to traders around the world I often show them our NH-NL - and then challenge them to produce NH-NL for their country. I promise a prize of a bottle of wine to the first peson in a country to produce this index - and people tell me to start shopping - but so far no one claimed a bottle. Until now! Vladimir B, a trader from Brazil, created NH-NL for Bovespa. With his permission, I posted his results on SpikeTrade.com blog - those charts are awesome! Be sure to visit, take a look, and please post a comment for Vladimir!