$BAC has cleanly rejected at the blue line now and has been pulling back, in the last update we said that the banking sector is not showing the same enthusiasm as the overall market as it is still struggling, we can see that the Real Estate sector is experiencing this struggle too.
The 200 Day MA has been lost here on the 1hr and we can see that the 50 Day MA is starting to curve downward now too. Below $25 is still the target for us to consider a position.