According to the Equal Time Cycle posted on May 4th, I was looking for a low on May 20th or 23rd. We also have a 31 day cycle that indicated a bottom today. Therefore, I will be watching for a short term low to be put in very soon.
$Rifin (Financials) also traded down to the red line support level today as shown in a previous chart. This should provide some support on a short term basis.
We should see a short term bounce next, and then much larger declines to follow. Further time cycle patterns and target levels will be posted shortly.