Bank of America in perspective Short

Bank of America CorporationNYSE

Description

⋅ Oct 10, 2014 5:44 PM

I lean towards an X wave, as the decline of W is so steep it would suggest further corrective action, as well as the weekly oscillator being very OB. In addition, lower prices are anticipated in the overall market.

Comments

Nick_C_

⋅ Oct 15, 2014 7:14 PM

Explosive response to the downside

IvanLabrie

⋅ Oct 15, 2014 8:16 PM

Lots of bulls eyes hits lately, the good stuffs.

Nick_C_

⋅ Oct 15, 2014 8:21 PM

With the velocity to the downside in the indexes-- it's a free ride on equity short calls xD I'm more fascinated with the Forex material

IvanLabrie

⋅ Oct 15, 2014 8:25 PM

Similar scenario, I'm shorting everything lately...and longing the x/usd pairs.