Financials...

 XLF intraday went negative around 2 p.m.

 XLF intraday 2 min is leading negative.

 The 5 min is leading negative at a new low (sell / short in to strength)

 On the longer charts, pay attention to where they went negative and the subsequent action. Here around the 2/3 is where the divergence culminated and XLF has been leading negative since.

 The same can be seen on the 30 min chart, again around 2/3/12

 It is especially sharp on the 60 min chart, again, remember 2/3/2012.

 Here is the momentum in XLF from the lows that started the most recent leg up on12/19 through 2/3 for  return of 20%

From 2/3 until present, the return is 1.22%, this is 19 trading days (remember we had a holiday) so that equals 4 trading weeks, right at the same time the divergence grew very sharp and since 2/3 3C has been leading negative.