Wednesday, June 30, 2010

Thursday Trading Tip

Hi traders,

Today CPO open 2354 and slides down to 2338, the lowest of 2010 level. It then closed at 2373 due to bullish crude oil & soyoil during Asian trading hour. However CPO long term trend still downside bias and may test 2350 tomorrow if open < 2360-2364 and close < 2350. But CPO may upside bias tomorrow if open > 2364-2372 and close >2373.


Just my 2cents   

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