BANK of America Chart analysis

• First chart of BAC shows price in a trading range between 11 .02 to 12 .2.
• Second chart shows MACD nearing a buy signal which may do well only on price closing above 12 .2 level.
• Last chart shows price ranging above 50 Day SMA. As long as price sustains above 50 SMA bulls are safe for an upper breakout. Closing below 50 SMA Could start a bigger correction.
• S&P 500 ANALYSIS AFTER CLOSING BELL