$BAC
Added 2023-08-31 16:23:53 +0000 UTCVery interesting to see this test the blue line from below and has so far rejected at this level.
The market is showing bullish signs but the banking sector is starting to feel the pressure of interest rates staying higher for longer, which will ultimately tighten credit facilities.
Is the banking sector ahead of the market and showing us what will happen when Wave 5 hits in the market?.....possibly.
