...I really like todays divergence between A/D & price...even though today was an up day (as well as yesterday),A/D declined lower than it was two days ago...if A/D was represented in candlesticks,we would see an engulfing bear pattern...
...the indicators appear to have plenty of down room to sweeten it up more...
...the PPT better get their a$$ on ~BAC~ quick...my natural retracement targets are highlighted in green(50% & 61.8% fib's)
...with todays news,those targets have a much more realistic chance and could be achieved way faster than I expected...
...options note: 3.2 million dollars in nov 11 puts(~BYOWK~) bought today...the 46,893 july 13 call contracts(2.5mil) are most likely shareholders selling covered calls...
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