CME Chart Discussion

CME.png

Just took note of this after writing about C B O T Holdings (BOT), that the BOT and the Chicago Mercantile Exchange (CME) chart above look nearly identical. Same deal with CME gaining support from its 20 DMA over the last several trading days, and has put itself into position to potentially break past $596.30 territory. Keep an eye on both of these heavy recent heavy hitters and continue to watch the Financial Services Industry Group as a whole, it has done extremely well lately.

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-- Posted by Blain Reinkensmeyer on February 7, 2007 at 10:37 pm --

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