Intuit

Citigroup perfect bearish Gartley Harmonic

NYSE:C   Citigroup, Inc.
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C has created a perfect Bearish Gartley Harmonic, containing a 0.786XA retracement, a 1.27BC=CD projection, and an AB=CD projection. These three fibonacci points form a "perfect" bearish gartley. The momentum here also looks really bearish. There is also a potential Elliott Wave 3-3-5 FLAT pattern (numbering is wrong on the chart). There is also a strong bearish divergence on the AO and AC. We'll see how this one plays out. Maybe a good idea to short some CFDs soon if this pattern seems to hold.

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