Wednesday, October 1, 2008

CME, NYX, ICE

Charts are starting to look very bullish.

CME

There is undeniable support at 320. It broke out of its channel, has had a pullback (a little too much), and is now approaching its recent highs. This is my favorite exchange stock by far. Days To Cover (Short Interest Ratio) 2.3


NYX

Broke out of the wedge, pulled back (a little too much) and is now trying to hold above the 10, 20, 40 DMA. Days To Cover (Short Interest Ratio) 2.4

ICE

Broke above 80 once again. This one still needs to heal. My least favorite. Days To Cover (Short Interest Ratio) 1.5