Friday, July 23, 2010

Friday Trading Tip: A wonderful day has come

Hi traders,

CPO ended higher yesterday with significant volume at 2519 lvl. It shown that CPO may continue it bullish tone onwards. If CPO open > 2485 - 2520 and close > 2500, the bullish tone may still exist. Otherwise it may bearish tone for correction if open > 2485. Major trend still in upside biased. I'm expecting CPO may test 2520-2560 today.

Take your position nicely....

Happy trading...

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