Quick Update–Monday we had a full room for the live demo of DNA Indicator and it spotted a great trade in CRWD that the attendees could just copy and grab. We are hosting another demo today at 1pm ET and will be highlighting additional trades that DNA is decoding right now. If you want to copy the next winner, be sure to join us. Here is the link to get in.
As we noted yesterday, Citigroup (C) is attempting to stabilize after a sharp pullback, with price rebounding off support near the S2 pivot and pushing back toward the pivot level. We are seeing additional signs to support this move. Momentum is beginning to improve as the PPO turns higher from deeply negative territory, signaling a potential shift back toward bullish momentum.

At the same time, CCI has crossed back above the zero line, reinforcing the idea of a short-term recovery. If price can hold above the pivot and build strength, this could open the door for a move toward the R1 resistance area.
Wishing you the best,
Wendy
Recent Comments