most, if not all of the bear-flags on the financial stocks and sectors that i’ve posted since friday have now broken to the downside. if shorting is not in your comfort zone or experience level you might want to at least take some other protective measures if you are heavily long this market as this, along with many, many other things that i am seeing are quickly raising the chances for a very powerful, sharp market decline. doesn’t mean that it must happen, just that the odds are elevated at this point in time. here’s the previous and updated XLF 4-hour period chart.