Monday, January 30, 2006

Chicago Merchantile Exchange

Here is a daily chart of the Chicago Merchantile Exchange.

I have been very bullish on this stock since I first commented on it when it was trading around the 300 level. It has now reached my original bull market target at 411 but I think it will still reach the revised target at 440. CME is still leading the market upward so there is a good chance that it will move higher than 440 before its bull market ends.

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