tradingformoney
Long

CATERPILLAR? A BUG MAKING YOU MONEY?

NYSE:CAT   CATERPILLAR INC DEL
On the daily chart of CAT along with having the ichimoku cloud on the chart, The technical indicator had giving a strong tk             cross on the 6th of june in 2014. However when it did cross, price didnt close above the high on the 13th of may. Same with the chikou span closing above the high on the 13 of may until today (6/9/14).

Also both senkou span a and b are pointing sharply higher.
The 3 or 4 previous candle stick pattern already confirmed the bullish trend on June 5 2014. plus the Kijun crosses over the Tenkan line. I shall place my trade on the June 5 using 15-minute chart and wait for 8 EMA cross over 34 EMA on 15-minute chart and taking out the previous swing high.
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