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Trading Idea for CME Group Inc. (NASDAQ)

04.05.2021

Market Review

#CME

The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages. A start fractal has formed above the 135 EMA. A breakout of the start fractal will result in the formation of an ascending pattern of 1-2-3. Awesome Oscillator shows a bullish divergence.

Trading idea:

Buy on the breakout of 205.20.

Stop Loss: 200.50.

Target levels: 209.80; 215.60.

Author: GC
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