Okay, financials ...

Gotta keep playing it carefully! The hourly is on 50 MA support, with this plunge down along with the broader indices. It's at or very close to a gap fill on the big gap up, and then it's also Friday afternoon with a whole weekend to keep traders/investors guessing as always.

For me this is intended to be a big picture swing trade, though I know others (Jeff Macke at Minyanville apparently among them) have been working with this on a short-term trading basis. As always, keep in mind your time frame because that dictates how you manage your trades.