Citigroup Enters Today Down -0.47%

The Hourly View for Citigroup

  • At the time of this writing, C’s price is down $-0.11 (-0.17%) from the hour prior.
  • It’s been a feast for bears operating on an hourly timeframe, as Citigroup has now gone down 4 of the past 5 hours.
  • Regarding the trend, note that the strongest trend exists on the 50 hour timeframe.
  • The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
  • Divergence between C’s price and its RSI may be manifesting. As such, be on the lookout for trend reversal in C’s price.
  • https://storage.googleapis.com/sjn-charts/oneaidmts/C-1627482984.81829.png

Citigroup’s hourly price chart is shown below.

C

The Daily View for Citigroup

  • At the moment, C’s price is down $-0.32 (-0.47%) from the day prior.
  • This is a reversal of the price action on the previous day, in which price moved up.
  • If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 50 day timeframe.
  • The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
  • Divergence between C’s price and its RSI may be manifesting. As such, be on the lookout for trend reversal in C’s price.
  • https://storage.googleapis.com/sjn-charts/oneaidmts/C-1627482993.56813.png

Below is a daily price chart of Citigroup.

C

Featured Citigroup Idea From TradingView

Below is a trading comment entitled GOLD (XAUUSD) – EW possibile counts you may find interesting:

This is the last projection of the possibilities that i can see right now. I drawed 2 different paths that are depending on what the first big move down (from 1916 to 1764) was:1 > The blu path: would be the C inside the wave 2, if the big move down was a wave 1 and counting it as 12345. In that case we should see a sharp straight move up from 1782 / 76 area to 1870 – 1900 area (that would be also a formation of an harmonic …

fra978