T3 Live on $CAT (Oct 29, 2026)

Um, some guys are saying that Caterpillar is very ugly. Um, let's see. Caterpillar down 63 points. Wow. All right. So, I I don't trade Caterpillar. I Someone asked me to put up the chart to show where there could be some support.

Well, let's get to some support on Caterpillar and see where that is. First of all, Caterpillar has been very broken again below the 200 day. Nothing really good happens there.

That means it doesn't even have institutional support here when it was it was a momentum trade last year and then that's when the 8day broke. If you use the 8 and 21 day moving average rule where you're not in a swing trade, you know, did you get out at a 10002?

A 10002 you were out false breakout here. Anyway, you shouldn't be in it anyway. just went over the rules that you don't take stock into numbers. So, if you took Caterpillar because like, hey, you know, Caterpillar is down from a th00and down to here, you know, you're you're down 60 points.

Don't get a false sense of security on these things. Um, where is their support? What's this now? It's trading at 648. Uh, this is this was 656. This is where it broke out from last year.

It's already well through that. Um, you know, there's really it's just there it's below everything. It's like there's no moving averages, no nothing. I would just let it leave it alone, I guess.

Uh, no one's moving the earth moving equipment is a moving earth if no one's, you know, selling houses or or the housing market's so bad. But anyway, wow. So, any this is uh it it's well below everything.

So, um I guess just what I would do is if you're going to trade Caterpillar, which it trades hard, it's not a great trading stock anyway, let it put a low in, give it like 15 minutes, and if it doesn't break that low and you want to buy it versatile low, you could do that.

But, you know, this has been really really broken just like so many names.