CME Group may rise to 221.00 - 224.60

Our pivot point stands at 201.9.

Our preference

The upside prevails as long as 201.9 is support.

Alternative scenario

Below 201.9, expect 195.9 and 192.4.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 204.06 and 199.696).

Supports and resistances

228.2 **

224.6 *

221 **

217.4

207.05 (USD-last)

204.2

201.9 **

195.9 *

192.4 **

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