Banking Index Finding Support on 2003 Lows

The banking index has made a free fall in the last few months that is attempting to find support near the lows of 2003 on the 5yr chart. There can certainly be more movement down, but I'm going to keep my eyes on the possibility of a relief bounce in the near term as the RSI is bottoming out and the weekly chart is starting to form a bottoming tail.

S&P500 Banking Index 5 yr / Weekly Chart: