Financials $Rifin - Medium Term

Despite the oversold technicals, markets broke down overnight with the Nikkei crashing.

This is the same chart that I have shown previously.  Financials bounced at the mid-line of the pitchforks.  I think $Rifin could come down and test the red line around 834 next.

$SPX may come down to test the 1227 area which was the April and Nov 2010 highs. 

2-Hour Chart