Trading (CME) With Integrated Risk Controls

August 21, 2024, 07:40 am ET, BY Neal- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for CME

• Buy CME slightly over 204.04 target 214.21 stop loss @ 203.45 Details

The technical summary data tells us to buy CME near 204.04 with an upside target of 214.21. This data also tells us to set a stop loss @ 203.45 to protect against excessive loss in case the stock begins to move against the trade. 204.04 is the first level of support below 208.7 , and by rule, any test of support is a buy signal. In this case, support 204.04 is being tested, a buy signal would exist.

• Short CME slightly under 214.21, target 204.04, stop loss @ 214.83 Details

The technical summary data is suggesting a short of CME as it gets near 214.21 with a downside target of 204.04. We should have a stop loss in place at 214.83though. 214.21 is the first level of resistance above 208.7, and by rule, any test of resistance is a short signal. In this case, if resistance 214.21 is being tested, a short signal would exist.

Swing Trading Plans for CME

• Buy CME slightly over 211.87, target 214.21, Stop Loss @ 211.26 Details

If 211.87 begins to break higher, the technical summary data tells us to buy CME just slightly over 211.87, with an upside target of 214.21. The data also tells us to set a stop loss @ 211.26 in case the stock turns against the trade. 211.87 is the first level of resistance above 208.7, and by rule, any break above resistance is a buy signal. In this case, 211.87, 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 211.87, target 207.96, Stop Loss @ 212.48. Details

The technical summary data is suggesting a short of CME if it tests 211.87 with a downside target of 207.96. We should have a stop loss in place at 212.48 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, 211.87, 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 210.19, target 211.87, Stop Loss @ 209.7 Details

If 210.19 begins to break higher, the technical summary data tells us to buy CME just slightly over 210.19, with an upside target of 211.87. The data also tells us to set a stop loss @ 209.7 in case the stock turns against the trade. 210.19 is the first level of resistance above 208.7, and by rule, any break above resistance is a buy signal. In this case, 210.19, 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 210.19, target 207.96, Stop Loss @ 210.68. Details

The technical summary data is suggesting a short of CME if it tests 210.19 with a downside target of 207.96. We should have a stop loss in place at 210.68 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, 210.19, 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 August 21:

Term →	Near	Mid	Long
Rating	Neutral	Strong	Neutral
P1	0	0	194.41
P2	207.93	207.96	204.04
P3	210.19	211.87	214.21

AI Generated Signals for CME

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Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Cme Group Inc. (NYSE: CME) report below can help you, but we have more details too. The trading plans for CME, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.