CHME34 trade ideas
Looks good!I still see a bullish formation here. Looking for a kiss to the 50MA and a decent bounce & Breakout of Triangle
CME ready for break outMarket is gaining strength. Govt crisis will end. Fed printing money. CME looks ready to break out above 75.40.
Heavy Selling Volume like short if loses 70.28Heavy Selling Volume like short if loses 70.28 - Note break of support there.
Here is that trendline support target now that support broken.Like long at TL support. But thats pretty far down.
Bear Flag setting up for Breakdown. Below 70.85 looking for acceleration to downside. Watch behaviour at green line.
