Retrace to 666?

Caterpillar is already down – 42%, from its all-time high set on June 30th, this year.

Could it go lower?

As the tagline suggests, there might be a retrace to target level(s) into this coming Tuesday (not advice, not a recommendation).

Caterpillar CAT, Daily Close

This could be a bit scary, if it works out.

Also, since today is Saturday, be on the lookout for some other site (or an A.I. bot) stealing the analysis this coming week … not making that up.

Note: The three red arrows are Full Moon(s).

Not making that up, either 🙂

Stay Tuned

Charts by StockCharts, TC2000

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279