Today we see the same trend signal for 4 days which price is still flattened with a lowering trend level.  By just looking at the current situation, I would interpret the stock is consolidating.  On top of that, I took a look at BAC's weeking MACD, the formation looks strong and consolidating as well.  This makes me have a feeling financial sector will have a strong bounce.  Of course this is not guaranteed and I could be wrong.  Here is today's chart.