Real Time e-mini S&P Trading, plus contrarian commentary on all the markets, all the time
Friday, March 03, 2006
Chicago Merchantile Exchange
Here is a daily chart of the Chicago Merchantile Exchange.
As you can see CME has been one of the strongest stocks in the market over the past 3 years and this superior performance has continued over the past 3 months.
My original target for CME was 411 which I then raised to 441. Since the latter target has been achieved and since the bull market in the averages and in CME looks like it has a fair amount left on the upside, I am raising my target for CME to 500.
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