On the daily chart of CAT along with having the ichimoku cloud on the chart, The technical indicator had giving a strong tk cross on the 6th of june in 2014. However when it did cross, price didnt close above the high on the 13th of may. Same with the chikou span closing above the high on the 13 of may until today (6/9/14).
Also both senkou span a and b are pointing sharply higher.
Also both senkou span a and b are pointing sharply higher.