My estimated closing price for tomorrow is $4.77. 10 year treasury's quick rise is dragging the morgage rates behind it. Treasury will be forced to start raising interest rates, banks will get crushed. Fear will start to creep in tomorrow.
Better pray tonight. All of the charts(and I mean ALL of them) are showing oversold conditions and a descending wedge which doesn't bode well for anyone short financials(FAZ), S&P(SDS), DJUSEN(DUG), etc... Better hope that the treasury rates become a factor late in the day(if you're still long FAZ at that time).