. CBOE Global Markets: Weekly Analysis - 17 May 2023

CBOE Global Markets: Weekly Analysis

17 May 2023

CBOE GLOBAL MARKETS INC: WEEKLY SCENARIO

CBOE GLOBAL MARKETS INC Technical Analysis: Weekly Chart

In the weekly charts, CBOE Global Markets Index is trading in an up channel. CBOE Global Market Inc is currently trading above all SMA except MA (5).

RSI is in the buying zone which indicates bullishness. MACD is currently above zero which indicates bullishness.

Its immediate support is 130.10 the resistance level at 140.50

CBOE will trade in an up channel until there is a 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 above all SMA except MA (5).

RSI is in the buying zone which indicates bullishness. MACD is currently above zero which indicates bullishness.

Its immediate support is 135.00 the resistance level is at 144.00

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

How to Trade CBOE GLOBAL MARKETS INC this Week:

CBOE will follow the uptrend until its trend reversal. So, remain bullish on CBOE

TRADE SUGGESTION- BUY AT 138.96, TAKE PROFIT AT 145.10, AND STOP LOSS AT 132.70