Courting the Financials; Chess Moves

In addition to top XLF component Berkshire Hathaway flashing weakness today (seen below on daily chart threatening descending triangle breakdown), large banks such as BAC C JPM are also weak.

In addition, the major credit card players are lagging the tape. 

Thus, I am taking a shot on the short side against the sector as a whole.

I went long FAZ, the triple-bearish financial sector ETF, at $11.97 with a protective stop-loss below $11.50. 

I am looking for Berkshire to imminently break lower from that triangle and the rest of the space to follow suit. 

The XLF has ha trouble holding over $24.60, the level we have been observing, just above. So, I am taking another shot that buyers will eventually throw in the towel and stop trying after using up so much buying power in recent weeks to no avail.