BAC continues to look like an objective short here but one might want to scale into this one as the daily chart shows BAC does have a little bit of upside before hitting that downtrend line that i posted on the 2-day chart the other day (i used a broad line on that one).  however, it’s close enough in my opinion to establish a short here or begin scaling in with stops above that downtrend line.  the first two charts are the monthly and 2-day charts that were posted last wednesday.  the last two charts are the updated weekly and daily charts.  BAC is still categorized as both an active trade and a trade set-up as it still provides an objective entry around current levels.