JenRz

C Expecting 7%+ higher

Long
JenRz Updated   
NYSE:C   Citigroup, Inc.
I asked in my dowsing work what sectors may go down into the end of the year and got financials.
I thought that was kind of strange if rates are going up. But I went ahead and asked which of the bank stocks might have the easiest move down. The answer was $C.
This morning I notice C is actually up 2%, and as often happens in this work, I ask for something moving one way, but the answer given is opposite, so shame on me for not getting clarification.
Regardless, since this development and C far outpacing the others to the upside, I understand it's UP not DOWN!
I did receive the option for C to move up at least 10%. This is an untested attribute on my scale though, but I'm excited to see if it works out. From the low C is already pushing 3% (or may be there by now), but upside looks good in financials and especially C (for now).
Comment:
Brutal timing. Funny enough, the HOD from when I posted this to the low is 6.9%.
So, this is just a complete cluster. I did expect the market down, but thought fins would have more strength. Bank earnings I think start soon, so that can create some moves.
I still think this will keep going up as long as the market doesn't completely crap out, however, it (indexes) ain't done yet to the downside. Dates especially around Oct. 4, and the zone of the 7th-8th is standing out a lot I believe for a thrashing. I'll post on that.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.