Tuesday, September 21, 2010

Wednesday Trading Tips: Bearish Correction


Hi traders,

CPO ended lower at 2674lvl for correction after making huge open gap on Monday. CPO expected to bearish tone if open < 2680-2670 and close <2670 tomorrow. But may bullish tone if open > 2690-2700 and close > 2700. Major trend is still upside bias towards 2800lvl. Take your position nicely.

Just my 2cents....

Happy Trading


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