Looks like the SPX made quick work of that wave (iv). I
tweeted my updated target to 2550 on the high end and looks like it split the difference between 2550-2540.
Because that wave (iv) does not look quite proportional to me, I'm leaving room for an extended wave (iii) here as noted on the chart.
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| SPX - Daily |
BAC continues to claw it's way higher. Maybe triangulating since 10/24 and that projects to about 28.6x, which is in line with the range (7 month Mar-Oct) break out target in the same area.
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| BAC - Daily |
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| BAC - Close up |
