BAC is showcasing a descending triangle going into earnings tomorrow. Weekly shows a doubletop too. My only concern is the lower BB on the daily timeframe. I think it doesn't have loading a few puts.
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The ISEE Equity/Put call ratio 5 day average has hit a new all time low. Apparently the ebola is scaring people more than the Lehman crash or the whole real estate collapse.
cletus wrote:The ISEE Equity/Put call ratio 5 day average has hit a new all time low. Apparently the ebola is scaring people more than the Lehman crash or the whole real estate collapse.