Are the Canadian Financial Leaders being taken out?

It sure looks like RY is failing in the shorter term, new highs were not extended and there were 3 sharp days of a sell-off. The nice run up since the fall looks to be failing, and when the leaders of the market start to fail it is time to be cautious. Again, with low volatility protection (puts) can be had at a good price.

Another Canadian financial leader Brookfield has had some trouble the last three days. It looks like a 3 black crow candlestick pattern, this pattern is looked upon as a bearish signal.

Two financial leaders in Canada are showing weakness, be cautious around the sector as a whole.