Here is a daily chart of the Chicago Merchantile Exchange. I last commented on CME here.
I think CME has established the low of the reaction from the 500 level on support near 418 which is the 10 and 1/8 multiple of the all time low of 41.35. I think the market will now take CME to the 13 and 1/8 multiple near the 540 level.
No comments:
Post a Comment