Great insights as usual! I think that the fact that the Financial sector are giving so many mixed signals is a sign not to touch them. I think there is too much uncertainty and the whales can fool you into a long position so they can get out before the collapse. Retail investors are the last to get into a rally which seems to be what has happened in the US market the last couple of weeks. I am steering clear for a bit...
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I have been invested in a few of the banks since 2009 (BAC, JPM, WFC) - finding the right time to exit is almost as hard. There is no way back in if they rally further.