Eoin Treacy's view Topix Banks Index – found at least short-term support near 100 and above the June low. A sustained move below this week's nadir would now be required to question potential for some additional upside.

S&P/ASX Financials Index – paused in the region of the May peak but has held the two-month progression of higher reaction lows and a sustained move below 4200 would be required to question potential for additional upside.

Singapore STI – has paused in the region of the upper side of the yearlong range and below the overhead congestion area. A sustained move above 3000 is needed to reaffirm a return to medium-term demand dominance.

Malaysia – continues to unwind the short-term overbought condition as it approaches the first area of potential support near 1600 and the region of the 200-day MA. Demand will need to return to dominance in this area if medium-term scope for additional higher to lateral ranging is to continue to be given the benefit of the doubt.

Portugal – dropped abruptly over the last week to retest the June low. Today's upside key day reversal suggests short covering and a sustained move below today's low would be required to check potential for an additional relief rally.

Ireland – encountered resistance in the region of the upper side of the more than three-year range from March. Today's strength means the seven-week progression of higher reaction lows is still intact and a break in this sequence would be required to question potential for some additional higher to lateral ranging.

Greece – rallied impressively from the June low but has rolled over and a clear upward dynamic is now required to check potential for a further test of underlying trading.