When (CME) Moves Investors should Listen
March 19, 2024, 14:48 pm ET, BY Bill T.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for CME
- Buy CME slightly over 206.5 target 217.76 stop loss @ 205.9 Details
The technical summary data tells us to buy CME near 206.5 with an upside target of 217.76. This data also tells us to set a stop loss @ 205.9 to protect against excessive loss in case the stock begins to move against the trade. 206.5 is the first level of support below 216.526 , and by rule, any test of support is a buy signal. In this case, support 206.5 would be being tested, so a buy signal would exist.
- Short CME slightly under 217.76, target 206.5, stop loss @ 218.39 Details
The technical summary data is suggesting a short of CME as it gets near 217.76 with a downside target of 206.5. We should have a stop loss in place at 218.39though. 217.76 is the first level of resistance above 216.526, and by rule, any test of resistance is a short signal. In this case, if resistance 217.76 is being tested, so a short signal would exist.
Swing Trading Plans for CME
- Buy CME slightly over 217.76, target 220.13, Stop Loss @ 217.13 Details
If 217.76 begins to break higher, the technical summary data tells us to buy CME just slightly over 217.76, with an upside target of 220.13. The data also tells us to set a stop loss @ 217.13 in case the stock turns against the trade. 217.76 is the first level of resistance above 216.526, and by rule, any break above resistance is a buy signal. In this case, 217.76, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short CME slightly near 217.76, target 215.79, Stop Loss @ 218.39. Details
The technical summary data is suggesting a short of CME if it tests 217.76 with a downside target of 215.79. We should have a stop loss in place at 218.39 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 217.76, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for CME
- Buy CME slightly over 217.76, target 218.41, Stop Loss @ 217.25 Details
If 217.76 begins to break higher, the technical summary data tells us to buy CME just slightly over 217.76, with an upside target of 218.41. The data also tells us to set a stop loss @ 217.25 in case the stock turns against the trade. 217.76 is the first level of resistance above 216.526, and by rule, any break above resistance is a buy signal. In this case, 217.76, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short CME slightly near 217.76, target 215.79, Stop Loss @ 218.27. Details
The technical summary data is suggesting a short of CME if it tests 217.76 with a downside target of 215.79. We should have a stop loss in place at 218.27 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 217.76, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Cme Group Inc. (CME) available here: CME.
CME Ratings for March 19:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Strong |
| P1 |
0 |
0 |
206.5 |
| P2 |
218.41 |
215.79 |
217.76 |
| P3 |
219.69 |
220.13 |
229.42 |
AI Generated Signals for CME
Blue = Current Price
Red= Resistance
Green = Support
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How do we know what is going on #behindthescenes of a company? According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The Cme Group Inc. (NYSE: CME) report below is a real world example. Included are trading plans for CME, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for CME:
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