![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgB1R9N9lB1YVEHgXtjt58jM6PEgfwZ8RhtUNgW1Hztxm10ZlscFLuacZ8GtFr98F40p0T6KKulN7sYmC5ysriy2TKGmAvn5qzY2oxFMYcvhvw9vUWeog64R93BzMUP9ldDl8WMel2gFXyG/s640/cat+200+week+sma.png)
- Caterpillar nearing death cross in daily chart.
- Weekly chart is testing crucial support zone between 78 - 80. If this level holds an up move is likely.
- Weekly chart also shows price closing below 200 Week SMA. If bounces today price should sustain above this level(200 wsma) otherwise a bigger correction looks likely in this stock.
- ES CHART ANALYSIS
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