I am particularly proud of this chart, since I first counted it in March of this year.....and this has been a hell of a year for the banking sector, we hit our target within a few cents.
The 0.78 Fib is at $24.89 and the price hit $24.96.....so $0.07cent is the difference.
So far the price has bounced very well on this level, in line with yields coming down, TLT going up and the price hitting Wave C on the 0.78 Fib.
There are a lot of catalysts here to consider that the bottom might be in for $BAC.
Again the pull back will tell us everything we need to know.