Stock Market Viewpoint

Stock Market Viewpoint
Reading the Tea Leaves...

Monday, December 28, 2015

CAT Puts in Double Bottom at Major Support

CAT is another of this past year's beaten up names and has put in a double bottom at the lower line of its long term blue channel.  

click on image to enlarge

CAT and IBM are likely to trade together considering they've both been out of favor for a long time and both recently set down on major support.

Trade well my friends


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