CAT Sensitive to Tariffs & Trade Wars

Huge growth in 2016 as speculative anticipation of more sales to China & other developing industrialization nations occurred. Unsupported by Fundamental & Technical support and resistance levels. Now in a sideways pattern, inevitably selling down toward a Business Bear Cycle pattern. Weekly chart view.

snapshot
bearcycleBeyond Technical AnalysisCandlestick AnalysisCATcaterpillarChart PatternsGrowthsalessidewayspatterntariffstradewars
Martha Stokes, CMT
ttrader.im/tv-candlesticks

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