Plan is a long day trade in CME driven by the rare but now-resolving trading outage, which is likely to generate elevated intraday volatility as liquidity returns. 1) Math on the target: Entry floor 280.9; conservative exit 293.0. Upside = (293.0 - 280.9) / 280.9 ≈ 4.3%, meeting the ≥4–5% requirement. Upper target 296.0 implies ≈5.4%. 2) Catalyst & news: Multiple fresh headlines confirm an hours-long outage and staged restart, which is exactly the type of operational shock that can trigger repricing and fast flows into the stock: - "CME Set to Restart Most Operations After Hours-Long Outage" (Yahoo, id=e2c2958e...) – confirms Globex futures & options, ~90% of CME volume, reopening at 7:30 a.m. CT after an extended halt. - "CME Outage: Stock, Options Trading Up And Running" (Yahoo, id=8547c9d...) – indicates services are coming back online. - "Update: CME Halts Futures Trading Amid Data Center Issue" (Yahoo, id=d80d739b...) – details the data-center cooling issue and extended halt. - "Exchange-Traded Funds Edge Higher, Equity Futures Frozen Pre-Bell Friday as CME Outage Slowly Resolves" (Yahoo, id=b1f0b8d...) and "Dollar Stays Higher as Forex Trade Normalizes After EBS Platform Reopens" (Yahoo, id=8310581e...) show the wider market impact and normalization path. This combination of disruption plus resolution often sets up a relief/normalization move, especially with CME currently ranked #1 in social mentions, pointing to heavy retail focus and intraday trading volume potential. 3) Technicals: Price 281.215 is above all major SMAs and EMAs, reflecting an underlying uptrend: - SMA10 ≈ 278.1, SMA20 ≈ 274.7, SMA50 ≈ 269.8. - EMA9 ≈ 277.1, EMA21 ≈ 274.9, EMA50 ≈ 272.0. RSI ≈ 60 suggests positive but not overbought conditions. MACD histogram is slightly negative with a "bearish_momentum" tag, hinting at a modest near-term pause, which supports using a tight entry range just above support rather than chasing. 4) Support/resistance & volatility: With ATR14 ≈ 6.18, a ±1 ATR move intraday is ~2.2%. A 2–3 ATR swing (common on news/operational shocks) translates to roughly 4–7%, which is consistent with the proposed profit window. Price is ~3.3% below the 52-week high of 290.79, so a push toward/through recent highs on a resolution relief move is plausible. Short-term support is likely near the 10–21 day averages (~275–278); the proposed stop at 275 sits just below that band, allowing the trade room to breathe while clearly invalidating the long thesis if broken. 5) Flows/positioning: Short interest days-to-cover ≈ 2.84 with a 31.7% jump in short interest and a very high latest short-volume ratio (~65.8%) and rising trend. While this is not a classic squeeze setup, elevated short activity into a high-visibility operational event can add fuel if the market interprets the restart as a positive/contained outcome. 6) Trade structure & risk: - Entry 280.9–282.0 is just above prior close (280.87) and roughly in line with the current quote, aiming to buy any early dip/indecision as Globex normalizes rather than chasing a spike. - Target 293–296 aims for a move toward/through the recent high and roughly 2–2.5 ATRs above typical range. - Stop 275.0 is ~2.1% below entry floor and below the short-term moving average cluster. This gives a reward:risk of roughly 4.3% / 2.1% ≈ 2:1 at the low target and ~5.4% / 2.1% ≈ 2.6:1 at the high target. 7) Time horizon: The key flows and sentiment shift should occur as CME’s platforms reopen and the broader market digests the outage. That’s likely within the first 3–6 hours of the regular session; after that, the news edge decays. Given the clear catalyst, strong social focus, uptrend-supported backdrop, and ATR/short-volume profile, a 4–5% intraday upside is reasonable, though not guaranteed. Confidence is kept below 80 because operational stories can also produce headline risk and choppy price action if new issues emerge.

Entry range includes current price (reasonable intraday entry). ATR (~5.71) is ~2.03% of price, so a multi-ATR intraday swing is plausible with the outage/restart catalyst. Displayed liquidity on the snapshot is very small (49 shares aggregated), raising execution risk for larger sizes. Short-volume activity and short-interest jumps are elevated and can amplify intraday moves. No earnings in the provided calendar.