CME Group may rise to 235.20 - 237.70

Our pivot point is at 222.

Our preference

The upside prevails as long as 222 is support.

Alternative scenario

Below 222, expect 217.5 and 215.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 223.2645 and 217.5336).

Supports and resistances

240.4 **

237.7 *

235.2 **

232.5

226.17 (USD-last)

223.6

222 **

217.5 *

215 **

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