CAT has had a very ugly open thus far...
5 min chart with the triangle from Friday broken on volume
The 1 min chart, UGLY!
3c 5 min chart
As of this early hour in the market, this would be a daily confirmed reversal if it closed like this. If we close under the red trendline, CAT should see some accelerated downside.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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