Citigroup Inc: 3 February 2013, Monday, 12.05am Singapore Time

Citigroup Inc: 3 February 2013, Monday, 12.05am Singapore Time
Chart courtesy of StockCharts.com

Attached above is the Technical Analysis of Citigroup Inc (Citibank).

All illustrations are as above.

Short $47.43.

Significant downside from here 

Target: $38.00-$39.00

Donovan Norfolk Judgement:

Highly Bearish for the long term.

Unload/Sell/Short on every Rebound
Worldwide Bank Stocks Bearish now 

As Banking and Financial Sector are the arteries of economic activities, this further signals weakness in stocks, equities and financial markets worldwide.

Related:

FTSE ST Financial Index: http://donovan-ang.blogspot.sg/2014/02/ftse-st-financial-index-2-february-2014.html

DBS Bank: http://donovan-ang.blogspot.sg/2014/02/dbs-3-february-2014-monday-1230am.html

HSBC Bank: http://donovan-ang.blogspot.sg/2014/02/hsbc-holdings-hkse-3-january-2014.html

OCBC Bank: http://donovan-ang.blogspot.sg/2014/02/ocbc-bank-3-february-2014-monday-240am.html
JP Morgan: http://donovan-ang.blogspot.sg/2014/02/jp-morgan-3-february-2014-monday-757am.html
Bank of America: http://donovan-ang.blogspot.sg/2014/02/bank-of-america-3-february-2014-monday.html

Market Update: http://donovan-ang.blogspot.sg/2014/01/market-forecast-update-31-january-2014.html

Donovan Norfolk Ang

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