themarketzone

$BAC - Summer rally is over?

NYSE:BAC   BANK OF AMERICA CORP
Second attempt to break the strong daily resistance zone I marked in the chart. Also testing the X point of a bearish Cypher pattern. Do you think that $BAC can break it? I think that it can be a good place to try and short here (still need to see daily close today - Bearish candle will be nice here near this zone)

In case that it will break, you have pattern completion near 17.6$.
Scenario 1 - Resistance Zone setup
Scenario 2 - Harmonic pattern completion.
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