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A final push expected on Caterpillar Inc. as it starts approaching a price line of 169.50.

Caterpillar Inc. is heading towards a price line of 169.50 and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current lines.

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After testing 6239.0000 numerous times, UK100 is once again approaching this price point. Can we expect a bearish trend to follow?

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