Slightly Bullish - Rising commodity prices may boost CME

28 בפבר׳ 2021

CME has been relatively Neutral throughout the recent run-up in asset prices. CME should be a proxy of rising commodity prices. The ADX/DMI indicator is showing mild strength. Look for the Choppiness indicator to confirm a new trend prior to entering a position. CME Price is above "The Cloud" indicating a slightly Bullish situation. Be prepared to Cover your Assets if price weakness persists.
Trade cautiously as Bullish market trends are under pressure.