CME Group may fall to 185.80 - 189.40

Our pivot point stands at 209.7.

Our preference

The downside prevails as long as 209.7 is resistance.

Alternative scenario

Above 209.7, look for 215.8 and 219.5.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the share stands below its 20 and 50 day moving average (respectively at 208.857 and 210.2158).

Supports and resistances

219.5 **

215.8 *

209.7 **

207.2

200.49 (USD-last)

193

189.4 **

185.8 *

182.2 **

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