CME Entry Logic

CME has a few characteristics that led to taking a position on Tuesday (11/16) [chart].

  1. Trending channel started 8/24/10.
  2. Convergence and holding of the 200ema and 20ema.
  3. Pulled back stochastics [chart].
  4. Cheap premium. This tool allows you to see the fluctuating premium prices as an overlay indicator [chart].

Will start to look for an exit opportunity tomorrow.

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One Response to CME Entry Logic

  1. Pingback: Setups – Week of 11/29 « Zevon Investments

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