Assalamualaikum,
Hi traders,
CPO ended higher yesterday at 3090lvl with highest lvl at 3106. CPO expected to bearish tone if open < 3080-3085 and close <3080 today. But may bullish tone if open > 3090-3000 and close > 3000. Major trend is still upside bias towards 3100-3200vl. However based on my analysis CPO may exhausted in short term prior making new uptrend. Take your position nicely.
Just my 2cents....
Happy Trading
Wassalam.....
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