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Tuesday, October 25, 2011

BAC Alternative count. monthly and 60 min charts.

 This is a monthly chart and BAC looks great in anyone of the alternatives. This is labeling wave 2 as "in place", so  price moves are those from a wave 3. My only concern is that SPY is bearish for next days but,maybe, BAC will have an inverse correlation.
This is the 60 min chart with a shorter term EW count.

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