1
The stock delivered a breakdown below $215 in the recent sessions.
2
The stock has reverted from the demand zone of $196 and is close to the 200-day EMA mark.
CME Group Inc. (NASDAQ: CME) stock displayed a retracement and retested the round mark of $200 in the recent sessions. However, a pullback was witnessed and stock again caught the 200-day EMA mark near $203. The trend is neutral and the stock reveals volatility in the past sessions. If the stock succeeds in escaping $208, it might give confirmation of an uptrend. If it slips below $196, it will go toward the low of $180.
The CME stock is trading near the crucial mark of $200, which is the ideal support zone and a pullback was also witnessed. Moreover, the chart shows a rising wedge breakdown and the stock is hovering below the major hurdle of $210. The price action signifies the uncertainty among the investors who are waiting for a clear move above the aforementioned levels to make fresh position
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