– Caterpillar rising inside sharp impulse wave 5
– Likely to rise to 370.00 and 400.00
Caterpillar rising inside the sharp weekly impulse wave 5 of the long-term upward impulse sequence (3) from the start of 2023.
The price earlier broke above the minor resistance level 363.80 – which should add to the bullish pressure on Caterpillar.
Given the clear daily and the weekly uptrends, Caterpillar can be expected to rise further to the next resistance level 370.00 – followed by 400.00 (target for the completion of the active impulse sequence (3)).
Dow Jones: ⬇️ Sell - Dow Jones reversed from resistance level 49000.00 - Likely to fall…
Comcast: ⬆️ Buy - Comcast broke resistance area - Likely to rise to resistance level 31.00…
Platinum: ⬆️ Buy - Platinum broke resistance level 1800.00 - Likely to rise to resistance…
Silver: ⬆️ Buy - Silver broke resistance zone - Likely to rise to resistance level…
The Fed is in no hurry to cut rates, and Hassett is unlikely to accelerate…
Crypto market faces renewed downward pressure; Bitcoin may drop further, with diverging forecasts for 2026…
This website uses cookies