Just thinking more about financials. Decided to look at the BAC chart ... yikes.
Major wedge terminating right in the smack-dab center of major resistance. Will it overshoot the wedge? Does it make a break for 38% retrace ($20.19)?
This is another canary in the coal mine. And how it negotiates this resistance (or if it doesn't) will be very telling.
From E-T: Weekend Post – March 10, 2018
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There is a new post on my blog at this LINK. Cheers and enjoy the chart! E-T
6 years ago