Although Citi no longer works as a bellwether (or a short) because it has been “saved,” Goldman remains a good mine canary for purposes of detecting whatever vapors are propping up the banking system. While I remain quite confident the stock eventually will fall to my $29 hula number, for the time being, a rally that could carry as high as 94.00 has intruded. If the 77.11 midpoint associated with that target had not already been impaled, I’d be keen to short it. For now, though, we’ll use it analytically, noting whether it may have become support. If so, we could be in for yet more weeks of false spring.