CAT Elliott Wave Analysis Trading Lounge Daily Chart, May 28 2025 

Caterpillar Inc., (CAT) Daily Chart 

CAT Elliott Wave Technical Analysis 

FUNCTION: Trend  

MODE: Motive  

STRUCTURE: Impulsive 

POSITION: Wave (iii) of {iii}.  

DIRECTION: Upside within wave {iii}. 

DETAILS: Looking for upside into Minute wave {iii} as we seem to be taking off 350$.  

CAT Elliott Wave Analysis Trading Lounge 1H Chart, May 28 2025 

Caterpillar Inc., (CAT) 1H Chart 

CAT Elliott Wave Technical Analysis 

FUNCTION: Trend  

MODE: Motive  

STRUCTURE: Impulsive 

POSITION: Wave v of (iii). 

DIRECTION: Upside in wave v.  

DETAILS: We seem to be missing upside within subminuette wave v. Looking for continuation higher to then top in Minuette wave (iii).  

This analysis focuses on the current trend structure of Caterpillar Inc., (CAT) utilizing the Elliott Wave Theory on both the daily and 1-hour charts. Below is a breakdown of the stock's position and potential future movements. 

* CAT Elliott Wave Technical Analysis – Daily Chart* 

Caterpillar (CAT) is showing bullish strength as price action breaks above the key $350 level, suggesting the beginning of a strong move in Minute wave {iii}. The impulsive structure signals continuation higher, aligning with the broader uptrend. Further confirmation would come with sustained price action above recent highs. 

* CAT Elliott Wave Technical Analysis – 1H Chart* 

On the intraday chart, CAT appears to be completing the final leg of subminuette wave v within Minuette wave (iii). The price structure suggests one more push to the upside before a potential pullback in wave (iv). Watch for resistance near key technical levels as the impulsive wave matures. 

Technical Analyst: Alessio Barretta 

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