Sep. 18 at 8:17 PM
🚨
$CAT — The Bigger Bullish Trend May Need a Deeper Reset First
Caterpillar completed a 5-wave advance from the April 2025 low, and the current decline is now unfolding as a 7-swing W-X-Y correction.
🎯 Key conclusion: the preferred path still points lower toward the 640.56–458.44 Blue Box, where the next major buying opportunity is expected to develop.
👀 Why it matters: short-term rallies can still happen, but while the W-X-Y structure remains incomplete, they should be treated as corrective. Once wave (2) finishes, the larger bullish cycle can resume.
Read the full Elliott Wave setup 👇
https://elliottwave-forecast.com/video-blog/cat-ends-5-wave-cycle-from-april-2025-as-7-swing-correction-targets-blue-box/
#CAT #Caterpillar #ElliottWave #BlueBox #Stocks #Trading
