$BAC
Added 2023-10-23 19:39:23 +0000 UTC$BAC is struggling today as the Yields started off the day rising higher and hitting that symbolic 5% on the 10 Year, it has since come down to 4.8% as the day went on but as the market prepares to close, we are seeing more weakness and the market is battling to end green.
$BAC is getting closer and closer to our Wave C target on the 0.78 Fib, this will be an important level to watch.
I believe if $BAC does not hold this level then it is signal that the financial industry is struggling to handle this pressure and may experience more trouble.
$BAC needs to stop the bleeding very soon.
