Caterpillar, Inc.
Short
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[CAT] - Daily - Short

161
Zoomed in on daily.

Last trading day Fri 17 Feb 2023, we wicked right off the C.E. of the rejection block and the upper level of the daily bearish breaker.

Currently sitting right at the C.E. of the daily bearish breaker. Want to see us move towards the lower half of the breaker and trade through it, attacking the sellside liquidity at the RELs.
Note
Did not anticipate the large retracement higher. Seemed to disregard my original bias and analysis.

But last week we slam dunked with real magnitude.

OG analysis levels being on point as bus stops.

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