Tuesday, November 16, 2010

Tuesday Trading Tip: Hoping of Bullish



Hi traders,

CPO ended high on Monday at 3375lvl with low volume. Very volatile trading hour finally pushed the CPO into positive territory and bullish tone developed after breaks above 3350lvl.  I'm expecting CPO may bullish again if open > 3365-3380 and close 3390. Otherwise it may back to bearish tone for correction. Overall trend still in upside bias towards 3400lvl. Take your position nicely....

Happy trading & wassalam...

Just my 2cents..

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