Citigroup last posted on 3rd march was bought at $1.2, have taken profit at $2.5 region (channel resistance). STI hit channel resistance, which is why we the rally is losing momentum and sellers are starting to appear strong. We might be facing some form of retracement as this rally is overdone but the recent buying is a good sign that we may be looking at a bottom soon.

DJ showed the same signals as they hit channel resistance. Retracement likely to set in.