If this breaks out of the flag, it will run in the direction it broke out of the flag.
SPY will go down to 147 before it comes back and goes higher. This might not happen overnight but in the next couple of months...
BAC will have to fall to 11.02 or around 11.05 to reverse and go back up.
CitiGroup Chart on daily interval shows that the Williams %R and Stoch RSI are way high and a possible retract is possible. Any ideas? supporting me or correcting me if i am wrong.