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

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!

Services Offered by ElliottWavePredictions.com: