September 15, 2012

Bank of America Weekend update

 
  • Weekly candle has managed to close above 100 Week SMA with Volume increase.
  • Price has also managed to close above the weekly cloud after a long gap.
  • Next resistance level in weekly chart is at 10.1. This level must be crossed for extending the current up move towards 11 which is the next resistance area.
  • SPY BULL FLAG AND BEARISH CANDLE
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