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Waterworks03
Feb 19, 2023 8:35 PM

[CAT] - Daily - Short Short

Caterpillar, Inc.NYSE

Description

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.

Comment

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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