Technical highlights on Citigroup (C) – Watch the key resistance at 48.00/49.70 for another potential downleg
April 15, 2016 4:56 pm by Kelvin Wong,
http://www.cityindex.com.sg/market-t...ntial-downleg/
Q1 2016 earnings reports:
As a whole, analysts surveyed by Factset (as per reported on 08 April 2016) expect the U.S. Financials sector to report a -10.9% y/y for Q1 2016.
The Q1 2016 earnings results so far for the major financial institutions (source: Briefing.com):
1) JP Morgan (JPM) – 1.35 versus 1.26 consensus (beat expectations)
2) Bank of America (BAC) – 0.21 versus 0.21 consensus (in line)
3) Wells Fargo (WFC) – 0.99 versus 0.98 consensus (slightly beat expectations)
4) BlackRock (BLK) – 4.25 versus 4.30 (below expectations)
A pretty mixed picture so far.
Citigroup (C) will report its Q1 2016 earnings today, 15 April 2016 before the open.
>48.00/49.70: next resistance at 56.30/46 (
49.70 trendline resistance stammen aus dem Weekly-Chart)
<48.00/49.70: The major bearish trend for Citigroup (C) in place since July 2015 high remains intact, towards 39.95
<39.95: 34.53 in the first step.
Financials-versus-SP500_15-April-2016:
Citigroup-vs-peers-12-month-rolling_15-Apr-2016:
Citigroup-weekly_15-April-2016:
Citigroup-daily_15-April-2016:
weekly:
daily:
hourly:
>48.00/49.70: next resistance at 56.30/46
<48.00/49.70: The major bearish trend for Citigroup (C) in place since July 2015 high remains intact, towards 39.95
<39.95: 34.53 in the first step.
http://www.cityindex.com.sg/market-t...ntial-downleg/
In €:
Mein Thread: https://www.ftor.de/tbb/showpost.php?...88&postcount=1
DB Dow Jones Indikation ($)
Citigroup (€)
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