Medium- and short-term price action point to messy range trading into the end of the year.
The Expected bull trend to new highs might then only materialize in 2025.
Dollar strength is testing both medium- and short-term target levels.
The probability of further meaningful gains from a technical analysis perspective is low, with extended market conditions at important levels.
While the view is for a bearish reversal and meaningful downside, this view will only be confirmed on breaching of stated pivots.
“Technical analysis is a probability study on future market action”
A technical outlook on CAT, as requested by an All-in-One Member.
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