CME: A Good Buy Right Now?

CME has tapped that downward support line multiple times now, indicating strong support.

If we look at the downward facing upper trendline, we can see a strong resistance level. However, with a break of the trendline we could be seeing further upward movement.

For an projection and a possible price target, I'll take the biggest move away from the trendline until the break and project it above the trendline at the time where price closes above it. 

At this time $230 could become a nice cluster zone with the Rebounds of the downtrend in the Daily chart (if chart breaks out at the assumed time).

Further indicators are that we just had a Sellside Liquidity Run and went back down again into a FVG and a +OB with a nice and quick rejection..

.. and that all of that happened when we dipped into the +FVG from August last year, always respecting the mean threashold. 

Also there's a nice RSI Divergence for those of us that use indicators :)