Bears Take on the Tractors

Both CAT and DE remains vulnerable overall charts. They are now bear-flagging on their daily timeframes, indicated below. We have been looking at them for a while, and they have basically gotten weak and stayed weak.

I view them as short ideas with cover-stops above Tuesday’s highs on each.

What are you trading this morning?

____________________________________________________

CAT

____________________________________________________

DE

 

3 Responses to “Bears Take on the Tractors”

  1. I bought the DIA 154 for next Friday . I’m the only trade of the day and you can see that it is a total gamble . Chump change ; putting up a weiner to win the butcher shop .

  2. you cut off some cat tails there, Chess..hmm(?)

Comments are closed.
Previous Posts by chessNwine

Bears Take on the Tractors

Both CAT and DE remains vulnerable overall charts. They are now bear-flagging on their daily timeframes, indicated below. We have been looking at them for a while, and they have basically gotten weak and stayed weak.

I view them as short ideas with cover-stops above Tuesday’s highs on each.

What are you trading this morning?

____________________________________________________

CAT

____________________________________________________

DE

 

3 Responses to “Bears Take on the Tractors”

  1. I bought the DIA 154 for next Friday . I’m the only trade of the day and you can see that it is a total gamble . Chump change ; putting up a weiner to win the butcher shop .

  2. you cut off some cat tails there, Chess..hmm(?)

Comments are closed.