Citigroup may fall to 57.40 - 58.40

Our pivot point stands at 64.

Our preference

The downside prevails as long as 64 is resistance.

Alternative scenario

Above 64, look for 65.8 and 66.8.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the share stands below its 20 and 50 day moving average (respectively at 62.9215 and 61.9352).

Supports and resistances

66.8 **

65.8 *

64 **

63.3

61.78 (USD-last)

59.5

58.4 **

57.4 *

56.3 **

Number of asterisks represents the strength of support and resistance levels.