TTM Squeeze Alert: CME Primed for Big Move at $276.73
NeutralCME Group Inc (CME) closed up 0.13% at $276.73 on December 29.
Technical indicators paint a bullish picture:
Moving Averages
Price trades above the 9-day EMA ($273.78) with a bullish stack. The 21-day EMA at $273.31 provides support.
Momentum
RSI at 56.9 is in neutral territory but trending higher. MACD is bullish (0.19 vs signal -0.28).
Volatility
Stock has been in a TTM Squeeze for 7 days, indicating compressed volatility and potential for a significant move.