A close today below 114.53 will put in an outside reversal day to the downside. Again, this is a price negative pattern. Good support in Cat is at 112.70. Looking at possible price action scenarios I would expect that the chart pattern remains intact and a re-test of the 112.70 area comes later in the week. Nevertheless if Cat looks to close below this # we’ll look to take off more long exposure or buy some portfolio insurance later in the day.