Citigroup buy signal.

Should we start buying Citigroup tonight?
My answer is absolutely Yes.
There are 5 reasons WHY!
JUNE + JULY = Morning Star.
JULY = Dragonfly Doji.
AUGUST = Bullish hammering of the end of downtrend.
Join the bandwagon Now or Never,an opportunity of a lifetime.

Tracking the Dow,Thursday 06/08/09. (10 market days to index expiry)
Nikkei Futures Expiry:5 market days.

Asian index futures expiry:15 market days.
9:30am:--Bullish gap-up with a shooting star.

550,000 initial jobless claims were filed for the week ending August 1.

Continuing claims came in at 6.31 million, which is above the 6.25 million continuing claims that were widely expected and up from the previous week.

10:30am:---Session low with a bullish short cover.

Currently, crude is 1.7% lower at $70.76 per barrel.

11:30am:--The usual retracement to the MAV was checked by the shooting star.

A stronger U.S. dollar is exacerbating weakness in the commodities space.

12:30noon:--A pullback below the MAV line and near to morning low.Bulls tried to retrace its position.

This session's advance by GE has taken the stock back within close range of its six-month high, which was reached in ealy May.

1:30pm:--A shortlive retracement at MAV held back by a shooting star.

The midday pullback comes amid comments from CNBC's Rick Santelli that job loss totals for recent months could be revised considerably higher. Such a revision would likely be revealed with tomorrow's nonfarm payrolls report. The consensus estimate calls for 328,000 job losses for July.

2:30pm:--Day's low has been confirmed by the many spinning dojis,morning star.

Financials showed continued leadership in the early going.

3:30pm:--Retracement failed the MAV resistance test.
Stocks are trying to lift up from session lows, but weakness remains widespread.
4:00pm:--A bullish spinning dragonfly doji and inverted hammer will try to break the resistance again.

Despite two days of negative pullback,the Dow index is setting the stage for further bull rally.

Thursday's lower shadow is holding at par with previous session for second time and the index hit a high today.A healthy correction.

Volume of transaction is increasing each day especially with financial stocks support.