Nine days ago it was my opinion that Caterpillar was ready to decline. This is update one of two.
CAT has completed a five wave harmonic pattern with three a-b-c corrective waves.
CAT is selling lower into the Ichimoku Cloud . The Alligator is feeding in a strong down-trend.
Please move to the second CAT update. I will show you the continuation of the regression channel down-trend.
I hope all of your trades go well. Don.
