Indecision and procrastination are corrosive habits. Those who wait for every little thing to be perfect before they embark on a project or who dislike the compromise of a partial solution are among the least happy. Ideal circumstances are seldom given to anyone for an undertaking. Instead there is uncertainty in every situation. The wise are those who can wrest great advantage from circumstances opaque to everyone else.” – 365 Tao: Daily Meditations
One of the key charts we will be reviewing, discussing and following today is XLF. As we have been discussing for a while now, Financials are a key piece of the puzzle and a lead indicator.
Key inflection points coming up on ITY and JNK too:
Keep an eye on the Twitter Feed today. Will try to post some updated charts there too.
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