03.10.2014 - The uptrend of Caterpillar is finished
The stock price of Caterpillar continued downward movement. The breaking and fixing the price below the psychologically important level of 100 was the confirmation of the signal to close long positions. In this regard, we recommend to open short positions with the potential to fall to the levels 90.00 and 81.60. Stop should be set above the level of 100.00. We forecast a fall in price in the medium term, but do not exclude the correction to 100.00.