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Caterpillar Inc. – breach of price line thats been previously tested numerous times before

Caterpillar Inc. has broken through the support line of a Support. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 7 days and suggests a target line to be around 124.60 within the next 7 hours.

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NAS100 has broken through support of a Rising Wedge. It has touched this line at least twice in the last 11 days.

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