Thursday, July 1, 2010

Friday Trading Tip

Hi traders,

Today CPO open at 2365 and closed at 2346. It try to tests 2340 level which is lowest level at 2342. Tomorrow it may upside bias if open >2360-2364 and close >2365. Otherwise it may downside bias if open <2350-2345 and close <2342. Overall long term trend is downside bias towards 2300 level.

Just my 2cents....

Thanks

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