The daily Financial sector chart also displays a mild downward pattern but much of it maybe complete for the time being. Energy is also showing some signs of weariness and is now appearing to go into a quiet retracement.
To get the real picture of where the sectors are going it's essential to look at a weekly chart. This is best illustrated by looking at Information Technology (XIJ) and the contrasting pictures between the daily and weekly charts.
Firstly consider the XIJ daily chart below: