Wednesday, April 26, 2006

Chicago Merchantile Exchange


Here is a daily bar chart of the Chicago Merchantile Exchange. This stock has been a bull market leader for three years. I last commented on CME here.

I see support in CME near 469, the 11 1/8 multiple of the all time low of 41.35. From there I still think that CME will move to new highs and reach my next target at 522.

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