Hi traders,
CPO ended higher on Tuesday at 3778lvl with low volume traded. Nothing much improvement during AM & PM session thus cautious of reversal may developed. Formations of evening star...... Confirmation by today....CPO tired already. CPO seems to test back 3750-3800 level if open above 3770, but be careful on pullback correction. CPO may upside bias if open > 3755-3790 and close > 3780. If open below <3750 the bearish tone may take place. Major trend is upside bias with pullback corrections, maybe last wave..... If CPO breakout 3800lvl, the trend may continue for strong bullish tone towards 4000. I'm expecting CPO may play 3760-3810 today. Pls take your position nicely...
Happy trading & Wassalam...
Just my 2cents
No comments:
Post a Comment