. CBOE Global Markets Inc. Technical Analysis and Price Forecast - CSFX

CBOE Global Markets Inc. Technical Analysis and Price Forecast – CSFX

CBOE Global Markets Inc. Technical Analysis and Price Forecast – CSFX

23 Jun 2022

CBOE Global Markets Inc. Technical Analysis: Weekly Chart

In the weekly charts, CBOE is trading in a down channel. CBOE is currently trading below 20 and 50 days SMA & above 100 days SMA.

RSI is in selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 106.36 & the resistance level is at 111.46.

CBOE will trade in the down channel until there is trend reversal.

CBOE Global Markets Inc. Technical Analysis: Daily Chart

In the daily charts, CBOE is trading in an up channel. CBOE is currently trading below all SMA.

RSI is in selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 107.73 & the resistance level is at 109.77.

CBOE will trade in the up channel until there is trend reversal.   

How to Trade CBOE this Week:

CBOE will follow the downtrend until their trend reversal. So, remain bearish on CBOE.

TRADE SUGGESTION- SELL AT 109.19, TAKE PROFIT AT 107.73 AND STOP LOSS AT 109.77