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Breach of 203.51 could mean a start of a bearish trend on Caterpillar Inc.

Caterpillar Inc. has broken through a line of 203.51. If this breakout holds true, we could see the price of Caterpillar Inc. heading towards 201.04 within the next 17 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.

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Important price line being approached by Nike Inc. Cl B. This price has been tested numerous times before.

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We expect PL to trend downwards with a 80% chance.

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