Still Like FAZ (3x short Financials) as XLF looks to give up gains

I've been talking with a few members today specifically about financials and my general thought has been, "Lets see if XLF can hold its gains today, I don't think it can". This would make a FAZ entry or add to or even a current position very interesting.

As I suspected from early charts, it doesn't look like XLF / Financials will hold gains, in fact it appears they have been distributed in to today's price strength which may be part of an op-ex max pain pin.

The charts...

 XLF / Financials 60 min chart with a deep leading negative divegrence, far worse than the September high negative.

Intraday it doesn't look like XLF is holding gains well, much less momentum with distribution obvious, I suspect today's move was largely op-ex max pain related.

 2 min chart with negatives in to last Friday and in line on the Black Friday week (last), with a close to in line oversold bounce this week with weakness and today's increasing WEAKNESS

 3 min chart migration , in line on the week of Black Friday with the same negative market wide last Friday-actual Black Friday with Monday carnage and in line this week on Monday's oversold/selling climax with a leading negative divegrence in to today's move that never reached confirmation.

 3 min intraday

5 min negative hitting a new low on the divegrence

And the larger 10 min trend since the October lows.

I still like FAZ-3x short Financials quite a bit.