Chart pattern
CME chart pattern — CME
2 formations detected on the latest close (Nov 06, 2026).
Inverse Head and Shoulders · Weekly candles
Bullish▲ Broken out
Last close$305.89
Break dateOct 16, 2026
Break level$289.90
Bars since break3
Break volume0.7x avg
Measured target$361.49 (+18.2%)
Pattern spanJun 18, 2026 → 20 bars
Touches5
Fit score98/100
Three troughs with the middle one deepest — the classic bottoming pattern. Trigger: A close above the neckline, ideally on rising volume. Invalidation: A close below the right shoulder, and certainly below the head.
Rising Wedge · Daily candles
BearishForming
Last close$305.89
Trigger$294.26 (-3.8%)
Upper boundary$313.92
Lower boundary$294.26
Pattern spanSep 01, 2026 → 47 bars
Touches5
Fit score84/100
Price grinding higher inside two rising lines that are closing together — an advance running out of air. Trigger: A close below the rising lower boundary. Invalidation: A decisive close above the upper boundary, which turns the wedge into an ordinary acceleration.
Automated detection for education and research; not a recommendation. Levels are drawn from split-adjusted daily prices.