![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgA39uokOCHb5Ys7N7H-bE5H1xnIVD1rmHeh1O3x5RTD4lF1wMERrEMhbvGXGhw3PE1p-hXUC360mAC-EjtTTCmUzeBl7i5XLpasmr0iEIMres6LvVL4fBJWoqQNeetWtEZxSX6vKECFh5F/s320/0binve-090109-SPX-short-trendlines.png)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEipJcTTt4gRwsdUyuOLt_f3_ihovcfh6MiPEcuHH2uKi0mR0F8ya5uAwwS78q77MkEYjuKz3Y0M-GWa8UoM_SmahRTsrEso8qusfBNm7Oqo2fjA8N8JDyGzA7UdiR5QxK9A0nQswmRQ9h09/s320/0binve-090109-SPX-micro.png)
Financials.
**LOTS** of bearish developments. The broken GS wedge that I was discussing this weekend is now even more broken. But now we have a broken XLF wedge and the BAC "wedge of death" is now turning into the BAC **WEDGIE OF DEATH** (copyright, binve enterprises, Sept. 2009).... :) (just kidding)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjzR9J8xM7xytpgGbAStublT8Wkt8ljvH5kjcl7246NZncbLdoTP-e6A80ejEgdsJus_Dv4ftpaKWSNJ5q1xzFwkIkkzsJgUmBkmF6-CnEOdgsP1cokJ7Lg3ceXk72Igm-2s1GjTPy1kwzy/s320/0binve-090109-GS.png)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiBz9YtL4aiRUFTAlGyuXNYXydA0e-lDQooymWpg692D0-4XxT0JXnFxo_0Fs4pEfzNlbX6pZdtT0YCSSaU14Ttk-AUR0yawLilL1Zynbwk9B0VyyibD5N_nt956xbEzgr4Tbwa_R-dDmi_/s320/0binve-090109-XLF.png)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj9ryKpcra7JNwaGK56_ryRyk2j7_a61Sg2w3UiXez4jo89tQQokzf4qBPbs09O1fQLVbhXRaNb28B-G1ydwct65hkD-p_SembdKUuE_qGT-jT7QIzgvf7TgBOyPf6o9QdBTgHj9khN7zr6/s320/0binve-090109-BAC.png)