CME Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for CME · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$262.63last close · Aug 4, 202652-week range $218.31$329.16 · 20.21% below the high

CME Triangle Pattern

CME is currently forming a triangle on the daily timeframe. Detected Aug 4, 2026.

A triangle is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $279.15 (−8.9%). Across 13,619 backtested triangles, the setup followed through 52.4% of the time, averaging +0.36R; CME's own triangles have hit 47.6%.

DirectionBearishTarget$279.15Projected move−8.9%Breakout level$306.06

New to this pattern? What a triangle is and how to trade it →

CME's Most Recent Triangle Trade

CME's most recent completed triangle resolved as a win: it broke down on Mar 24, 2026 near $303.96, then reached its target at $279.15 on Apr 22, 2026 — a +1.94R move (8.2%) over 20 sessions. Across 113 backtested triangles, this setup wins 47.8% of the time.

OutcomeWinResult+1.94REntry$303.96Exit$279.15

Learn about triangle

How Triangles Have Performed

Win rate
52.4%
Avg return
+0.36R
Backtested trades
13,619
CME win rate
47.6%

Historical pattern statistics (2006-08-04 – 2026-08-04), not a prediction.

How these backtests work →

CME Pattern Trade History

Every completed pattern trade our nightly backtest found on CME's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
TriangleMar 24, 2026 @ $303.96Apr 22, 2026 @ $279.15Win+1.94R
Falling WedgeJan 16, 2026 @ $277.10Mar 5, 2026 @ $316.81Win+2.66R
TriangleJan 6, 2026 @ $267.40Jan 16, 2026 @ $279.50Loss-1.08R
TriangleDec 23, 2025 @ $275.77Jan 9, 2026 @ $262.45Loss-1.26R
TriangleDec 3, 2025 @ $274.41Jan 26, 2026 @ $284.05Loss-1.11R
Falling WedgeNov 5, 2025 @ $268.21Nov 19, 2025 @ $272.49Win+0.39R
TriangleJul 31, 2025 @ $278.32Aug 18, 2025 @ $270.41Loss-1.77R
Rising WedgeMar 27, 2025 @ $261.70Apr 3, 2025 @ $268.36Loss-1.07R
Rising WedgeMar 4, 2025 @ $258.63Apr 4, 2025 @ $254.46Loss-0.46R
Rising WedgeOct 30, 2024 @ $226.07Nov 6, 2024 @ $217.35Win+2.15R
TriangleMay 29, 2024 @ $206.67Jun 12, 2024 @ $196.21Win+1.26R
TriangleMar 20, 2024 @ $215.30May 3, 2024 @ $205.16Win+2.07R

CME Support and Resistance Levels

Price found a floor near $221.99 about 5 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $508.52 — still about 94% away.

  • Traders commonly watch $508.52 as a target (its 261.8% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $221.99 floor about 5 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $220.46, resistance near $321.74. These are chart/swing-derived levels, not formula pivots.

Resistance
$321.74$322.24
Support
$220.46$217.45

CME Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$262.17$264.44$260.40$262.63
Aug 3, 2026$267.73$270.00$264.31$266.17
Jul 31, 2026$266.64$269.94$265.00$267.79
Jul 30, 2026$260.81$267.47$260.60$267.22
Jul 29, 2026$260.25$266.26$259.44$265.44
Jul 28, 2026$256.51$262.34$255.34$260.00
Jul 27, 2026$255.47$256.65$251.51$255.36
Jul 24, 2026$254.20$256.16$251.34$255.31
Jul 23, 2026$250.35$257.53$249.74$254.32
Jul 22, 2026$247.58$255.25$244.66$249.24

CME Frequently Asked Questions

What chart pattern is CME forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a triangle on CME on the daily chart, with a measured-move target of $279.15.
Is a triangle bullish or bearish?
The triangle detected on CME is a bearish pattern, projecting a measured-move target of $279.15. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a triangle pattern, and what is its win rate?
Across TradingPal's backtest of the triangle family (13,619 trades over 631 symbols), it resolved in the expected direction 52.4% of the time with an average of +0.36R. These are historical statistics, not a prediction.
What are the support and resistance levels for CME?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), CME's nearest support is around $220.46 and nearest resistance around $321.74.
What is the price target if CME's pattern breaks out?
The detected triangle has a geometry-based measured-move target of $279.15 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was CME's closing price on Aug 4, 2026?
CME last closed at $262.63 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.