40%-60%+ downside for CAT. 5-wave cycle is over and a deep correction is incoming. For emphasis, the max possible retrace is 100% of the wave 5 move or $2.55 (statistically unlikely but possible non the less).
I labeled the key levels for a bottom for whomever wants them, however, I have no buy target for CAT... I do not want to own this.
The 365DSMA seems to have caught every bottom thus far, so if I had to enter long, I would enter @ the 365DSMA.
Stay tuned... analyst's most bullish sector, with just 4 moderate sell ratings, is about to crash. Chart to come tonight.
Massive opportunity in the markets right now to the up and downside and if you're on the wrong side, you're going to get hammered. Protect yourself.
Best of luck.
I labeled the key levels for a bottom for whomever wants them, however, I have no buy target for CAT... I do not want to own this.
The 365DSMA seems to have caught every bottom thus far, so if I had to enter long, I would enter @ the 365DSMA.
Stay tuned... analyst's most bullish sector, with just 4 moderate sell ratings, is about to crash. Chart to come tonight.
Massive opportunity in the markets right now to the up and downside and if you're on the wrong side, you're going to get hammered. Protect yourself.
Best of luck.
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