Tag Archives: MMM
Cat…MMM
103.45-64 becomes the resistance level to watch for a match regarding overall market strength in CAT. 3M looks destined to put in at least a 93.65 print which is the old high.
CAT…3M…MOS
All these names are starting to break out to the upside. We went back to the well one too many times in the SPU. MOS over 82.10 CAT..102.28 MMM…90.73 are the relevant levels.
CAT…MMM (3M)
The weekly stops are just under 102 in CAT. 3M puts in an outside reversal day to the downside with a close under 92.05 Pay close attention to the so called offshore growth names.
3M (MMM)….TBT…30 Yr.Bonds
87.25 is the key weekly hold # for 3M. A close below this level would put in an outside reversal lower week. The Bonds are in the middle of nowhere with little momentum. They’re still a range scalp. I would … Continue reading