Yesterday's selling was massive and aggressive as we put in a noteworthy outside day. FAZ is the bearish ETF for the financial sector and looks to developing a bullish pattern for a possible move to prior highs. We are going to use yesterday's highs as the ideal entry level for a long trade. The rounding structure of the ETF makes it important to have a good entry price, so wait for the slight pullback (which will coincide with a crappy bounce in the market) before entering long.