Financials Update

FAS was one of the first to show the bottoming of the downside move... Lets take a look a look currently

 FAS 1 min 3C positive divergence

 The 5 min chart is now positively divergent compared with yesterday's lows.

 As is XLF's 5 min chart. It seems like some very strong shakeout behavior is being run through HFT algos.

The longer term charts in FAS/XLF remain positive. I have a feeling Monday may be an exciting day.