Time to short financials?

Sorry this post is off topic from our TSP's, but this is too good to ignore. Here is $BKX (Philly Bank Index).



This chart is very bearish. The rising wedge dating back to early 2009 was broken to the downside recently. Since then, the index has been trying to get back into the wedge, but has been unsuccessful. This action almost always leads to a significant correction. In a nutshell, it's time to buy some FAS puts, short FAS, or buy FAZ. Take your pick, they should all be profitable.