CME Group may rise to 205.80 - 209.00

Our pivot point is at 191.4.

Our preference

Short term rebound towards 205.8.

Alternative scenario

Below 191.4, expect 186.3 and 183.2.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the stock is trading under both its 20 and 50 day moving average (respectively at 196.7095 and 204.124).

Supports and resistances

211.9 **

209 *

205.8 **

202.9

196.4 (USD-last)

193.3

191.4 **

186.3 *

183.2 **

Number of asterisks represents the strength of support and resistance levels.