I am short Citi here into the bell, entered inside 12631. My cover-stop is a close over $50.50, limiting my risk on the trade.
Citi has been the notable weak sister in the finnies, even with the sector’s recent rally.
I am playing for the daily chart consolidation below, under declining major moving averages, to resolve lower and for the sector’s rally to come back in.
See you after the bell for my video market recap.
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