Elliott Wave Analysis of Caterpillar Inc. (CAT) by Sid from ElliottWavePredictions.com

Sid Norris
 In Blog, Dow Jones Industrial Average, Individual Stocks

CAT monthly 5-3-13

CAT weekly 5-3-13

CAT daily 5-10-13

Elliott Wave Analysis of Caterpillar (CAT) by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge.

Since February 2012, CAT has been sporting 5-wave impulses to the downside, and 3-wave corrective structures to the upside, essentially amounting to a very bearish nested 1-2. Look out below!

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Sid

http://elliottwavepre.wpengine.com

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