Tuesday, July 27, 2010

Tuesday Trading Tip: Correction

Hi traders,

Assalamualaikum...

CPO ended lower yesterday at 2473 lvl, a 2nd day for downside corrections. Hopefully CPO will bullish today if open > 2500-2510 and close > 2500. Otherwise CPO may bearish today if open < 2480-2475 and close < 2475. Major CPO trend is still upside biased towards 2600 lvl. I'm expecting CPO may test 2470-2500 lvl for corrections.

Take your position nicely.....

Happy trading.....

Wassalam....

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