CME trade ideas
Wow ! CME "Micro" S+P 500 Future's Contract Launches Tonight Wow...This was news to me,
so I thought I would pass it on,
in case you hadn't already heard about it.
CME Group is launching " Micro" Futures on the S+P 500 tonight,
at 10% the value of the E Mini Contract, or just $5.00 per contract risk,
per 1 point move in the underlying contract.
CME is also launching "Micro" Futures Trading Contracts
on the Dow, and the Nasdaq 100 as well tonight.
I think this is going to be huge hit,
with retail traders across the board
with the lower margin requirements and less capital risk exposure,
And it might just put me back into trading S+P 500 Futures once again,
for the first time in many years.
More on this exciting CME product launch..soon.
THE_UNWIND
5/5/19
NEW YORK
Short CME to 160Fully formed head and shoulders patterns on the daily chart. The neckline was just recently broken as the 50 MA dropped below the 100 MA and is headed towards the 200 right now. We can also see bearish divergence forming on a downwards MACD cross. Stochastic RSI cross downwards as well. The price itself breached the 200 MA level of $175 as well. Looking super bearish here, and this is a stock that is less likely to be impacted by a "lavish" trade deal.
CME Group CME "Continuing Series; Stocks To Own" CME Group, CME, the worldwide leading derivative's exchange
for futures and options trading, made another new all time high this week.
Stocks that out-perform expectations,
thru "better than expected earnings and forward guidance,
are first tier stocks, and one's that you should consider for ownership.
Monthly Chart on CME shows a continuation move,
one that started with a move above140 resistance in 2007.
Point and Figure Price Objective can be measured up to 275,
and merits purchase,on any pull back towards 172 Support.
THE_UNWIND
ABC has just begun, in a descending wedge, short if possibleChart speaks for itself.
Buy in from 100 to 114, but this is definitely an overbought case, and should be shorted.
Don;t have any positions in this, just a TA.
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analysed, please PM me.
Thank you,
Ajion