DE short

farm machinery manufacturers like CAT and DE been really weak last few days with big volume on gap downs. DE has been closely tracking XME since last year or so which doesn't look too good either.

Also, if we overlap IWM chart with DE, it looks pretty close to IWM chart before the break down.

if it breaks 295 again or if it can get to 305-306.

DE 9/16 280P
PT's : 280.70
SL : 301 and 311 respectively