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Market_Psychology
Jun 14, 2016 7:45 PM

Citigroup falling 

Citigroup, Inc.NYSE

Description

Citigroup has fallen out of a rising wedge and broken down past the short term support of 43. Next support is at 39.80. Most banking industry stocks did poorly today. This may be a beginning of a bear trend or a brief correction before further rising. If price falls bellow 39.80 with heavy volume bear trend is active.

Comment

Thanks to the Markets reaction to Brexit price broke below support. Glad I sold when I posted this.
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