Catepillar Inc. (CAT) is sometimes seen as a bellwether for the economy. If the stock price can give us clues about the overall sentiment about the economy, then we are at a key juncture based on where price is for CAT. CAT Daily Chart 2/25(click to enlarge)Since the markets started to stall in August, CAT has been declining, falling from above 111 to almost 56 (almost a 50% shave). Now, after a pullback from just above 56, price is now testing a cluster of resistance factors:1) A previous support pivot at 67.85.2) The 100-day SMA around 67.50.3) A falling trendline also around 67.85.4) The RSI at 60 (if the RSI holds under 60, the prevailing bearish momentum is still alive. Otherwise, we can assess the market as being at least neutral.) A break above 68 is likely a good sign that CAT have stabilized. In this scenario, we should also expect the overall markets to have bottomed as well. I would look at 72-73 as a first short-term target. Then, the bullish outlook should be limited to the common resistance around 76 because we should look at this as a sideways market instead of switching directly from bearish to bullish. If price fails to push above 68 or does and immediately gets faded, we are not out of the water yet and will likely see the 56 area tested again.