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CMECME Group Inc. Class A$317.97
24h
+0.78%
3 Jun, 20:25
CME technical setup with RSI oversold condition
Neutral+25.86%
AI Summary
Author discusses CME as a sector rotation candidate with oversold RSI setup but expresses concerns about low volume, small market cap, and weaker backtest performance.
As a sector rotation candidate, $CME is also a good choice, meeting the criteria of RSI14 below 30 and closing with the first bullish candle.
However, its trading volume is relatively small, and the market cap is also relatively small. The backtest win rate for the same pattern is slightly lower.