Financials Update

Financials have been underperforming all day and have also been in an obvious consolidation/continuation pattern, except they haven't broken out yet, but with the Euro moving higher, they should see a similar breakout to the S&P, which I still believe will be resolved as a head fake move.

 Financials surprisingly have been flat and in the red most of the day, but this pattern is way too obvious as well.

 The 1 min 3C shows recent moves in to a positive divergence on the intraday chart, but...

The more important 15 min trend, has been leading negative badly like almost everywhere we look. So again, I expect a probable breakout and a probable head fake on the breakout.