Deer following Cat down this week. 5%-20% short gains possibleDE is showing a strong bearish MACD-histogram divergence following a second failed attempt close the gap-down and break resistance at 147.
CAT's (same big machinery bucket) earnings miss, downgrade and refusal to give guidance might weigh on DE too.
Next support levels down are at the 129.50 (~5% down), and then 110 (~20% down).