Financials Chart Request

 XLF 1 min never dropped in confirmation of the lower prices this morning.

 When zoomed in, there's a positive divergence in XLF

 Looking at Financial Bull leveraged ETF FAS, there's a nice positive divergence there as well. At this location, I think fading the downside move makes sense from a risk/reward perspective, a potential stop for FAS is very close.

 FAZ Financial Bear ETF 1 min negative divergence

And longer term as shown yesterday, the 30 min chart is leading negative. there are negative divergences throughout FAZ up to the 60 min chart. I like the idea of fading the a.m. sell off where we are now.

I'd also watch for this potential pattern in FAZ as a timing cue

A triangle. A high probability timing cue would include a brief move above $51.75 that fails, once it fails, I'd say you have a pretty high probability/low risk fade trade.