$(BAC)$ and Financials $(XLF)$

2022-03-21

$(BAC)$ and Financials $(XLF)$ are both favouring to be pulling back against the March 2020 low. We prefer to look for the opportunity where buyers can enter for a bounce in 3, 7 or 11 swing. We don’t like to short sell it.. But another leg lower is still probable.

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