Sell signal under management, week 18
CME Group jumps 4.2% this week as buyers retake control of the tape
Sell signal under management, week 18
Our view last week
CME Group's sell signal keeps grinding sideways: after the 7.1% bounce three weeks ago the stock adds just 2% this week and stays boxed into a tight corridor, between the daily pivot average in the 245 area and the 7-day high in the 248 area. Money flow still tilts toward sellers and price keeps drifting up toward the Inversion Point. Earnings land this week too, on July 22.
This week's summary
This week CME Group's sell signal banked a clean bounce: +4.2%, off a daily EMA20 rebound with buyers back in charge, 89% of volume on the buy side. The stock stays boxed into a tight corridor, between the 255 area and the 258 area, while money flow, though still negative, keeps normalizing. The short has been under management for 18 weeks and sits above 13% profit.
IQS Phase
46
ordinary
Signal Strength
2
decline nearly over
Sizing
MINIMUM
Ranking
#129 / 141
US stocks
Trade P&L %
+13.09%
from signal to today
Rank position
ranks 129th among the 141 sell signals for US stocks in our ranking, with a signal strength of 2 out of 100.
Sector context
SectorFinancials
Benchmark ETFXLF
Sector regimein positive regime
Performanceweekly +0.09% · monthly +4.82%
CME belongs to the financials sector (reference ETF XLF). The sector is classified in positive regime according to our weekly reading.
restricted Platinum content