Friday, December 10, 2010

Friday Trading Tip: Bulls or Bears?


Hi traders,

CPO ended lower on Thursday at 3598lvl with low volume traded. CPO seems to test back 3600 level towards it journey to 3700. CPO may further upside bias if open >3610-3620 and close > 3620. CPO may downside bias if open < 3580 and close < 3550. Major trend is upside bias with minor correction towards 3650-3700. I'm expecting CPO may play 3600-3650 today. Pls take your position nicely...

Happy trading & Wassalam...

Just my 2cents

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