May. 26 at 12:03 AM
$CAT is starting to look like a classic continuation setup after digestion.
Price structure is tightening and higher lows are building, which often signals the market is preparing for the next impulse move rather than ending the trend.
Key zone I’m watching is the
$880 area for momentum continuation. Above
$900, this is where things can accelerate fast as breakout flows and trend followers step in.
Big cap industrial leaders don’t usually move in straight lines, they compress then expand. If this range resolves upward, prior highs can come back into play quicker than most expect, with upside extension potential into uncharted territory.
