Financials Update

I'm trying to keep a close eye on these as I'm getting a lot of email interest in a Financial short like SKY of FAZ, I will say most of the day has been really dull with a few occasional signals that seemed like something bigger may be brewing.

At present, XLF and FAS (both long Financials) are showing the start of a new 3C intraday trend and that is negative.

 XLF 1 min negative

FAS 1 min negative.

I can't confirm a positive on FAZ yet, but it's 2x leveraged cousin, SKF is confirming.