CME has a bullish setup that I've traded with success numerous times in the past. It repeats this pattern a lot.
Buy Zone = 217 - 221 (current level); Breakout level = 222
- Initial Target = 230 by 3/15/2024
- Then expect pullback to test 222-224 for support
- After that it will make a final leg higher to end this wave around 240-250 in April-May 2024.
CME is...
Entry: with price above 221.77
Volume: with volume greater than 1.77M
Target: 230.73 area. This is an area, you might consider existing early if price drops below a significant moving average such as the 10, 20, or 50 EMA. You might also considering holding some portion of the trade longer as price closes above significant moving averages.
Stop: ...
This important exchange has been doing very well with options and futures contract sales.
NASDAQ:CME had a classic pre-earnings run up fueled by professional traders swing trading, out of a platform support level.
The retracement was only a sympathy move with retail knee-jerk reactions due to the fear around the stock market at this time, not an indication...
Good Risk reward to a good company
SL pink line. Blue green TP at 2/3 and let 1/3 run
Insider bought around this price
Date Filed Reporting Name Relationship Trans. Date Shares Price $ Total Value $
29 Mar 2023 SHEPARD WILLIAM R Director 28 Mar 2023 195 186.45 36,337
29 Mar 2023 SHEPARD WILLIAM R Director 27 Mar 2023 298 185.32 55,194
29...
A price action above 179.00 supports a bullish trend direction. It is also close to the 200-day simple moving average.
Further bullish confirmation for a break above 188.00.
The target price is set at 193.00.
The stop-loss price is set at 181.00.
A change in trend direction as highlighted by the MACD might acts as further support.
The PEAD projected a bullish outlook for NASDAQ:CME after a negative under reaction following its earnings release placing the stock in drift D with an expected accuracy of 63.64%.
See chart. Horizontal consolidation was broken to the upside. Waiting for a pullback to the breakout level now. If you have any questions - feel free to use the comment section below ...
Price is between the .618 and the .786 of the trend up.
Triangle forming.
Price is at the resistance line today.
Short interest is low at around 1%.
No recommendation.
ATH 256.94.
5 YEAR LOW 126.05.
Order BUY CME NASDAQ.NMS Stop 176.17 LMT 176.17 will be automatically canceled at 20230401 01:00:00 EST
CME daily bullish hammer wave 3 of head and shoulders retracment
The PEAD projected a Bullish outlook for $CME after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 60%.
CME can be seen to be poised above its major trend line ( in green )
Price has bounced nicely off the 200MA above this line also (blue)
Continuation up is likely as both these support areas are respected
Bullish rising wedge placed also on chart
The PEAD projected a Bullish outlook for $CME after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 80%.
I hate being slapped left and right in the market, buying at the top of a range, selling at the bottom. I hate false breaks, I hate making the right moves but losing money up and down -- that can happen if I stop out on a bull weakness, chase higher on strength, and stop out on weakness, and the cycle continues. Even in the gold market's $20 range, I could lose...
The PEAD projected a Bullish outlook for $CME after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 25%.
Goals 229, 222. Invalidation at 255.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the...
