US Large Caps in Focus - CAT+, BK+, BA- (30 January 2026)
Notes: we tend to focus on inflections on the weekly data level to strip out noise and, hopefully, call trades of more meaningful longevity. The basic system is a dynamic heatmap and colours: Up as Blue and Down as Red. Momentum is woven into the price series, such that paler colours represent lessening of power and stronger colours, increasing power. The sub-window shows the heatmap with momentum numbers at each timeframe from hourly to monthly.
Note - position change: PLTR US, Short entered 20 January at 167.5. Cover at open. Close to earnings and November price low.
Caterpillar Inc. (CAT) - up continuation.
Trending well on supportive momentum at monthly level, incrementally increasing and not in OB territory yet. Testing top of weekly channel again, which signifies strength. New 20 week cycle started five weeks ago and serving as a tailwind.
Bank NY Mellon (BK) - up continuation.
Good incrementally building power at monthly level indicates long term uptrend is intact. Weekly chart has been a little flat and three weeks ago a failed test of upper channel intra-week (high upper wick shooting star candle). But Daily breakout to blue from benign pink consolidation and intradays pushing well. Looking for a test of channel top, circa 130.
Boeing Co. (BA) - break down.
BA has broken down on the daily chart and the next meaningful support looks to be the consolidation level last December circa 220. Lower timeframes show good downside thrust. Weekly turns red at 227.8 (see full red risk bar in that row).
