Caterpillar Forms Bearish Engulfing at Key Retracement
Caterpillar came across the Predefined Scans page with a Bearish Engulfing pattern. This page is updated throughout the day so chartists can find patterns as they happen. CAT formed a Bearish Engulfing with an open above 84 and close below 82. Notice that this intraday reversal formed at a key retracement and at resistance from the triangle apex.

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