Assalamualaikum,
CPO ended lower at 2640 on Thursday. If open above 2660 tomorrow and close above 2676, the chances to bullish may rally on next week. I'm discovered inverted hammer formed in daily chart, pay attention on bullish tone tomorrow if price can breaks 2660. Take yr position nicely....
Just my 2cents....
Wassalam....
Friday, August 13, 2010
Wednesday, August 11, 2010
Thursday Trading Tip: Downside Correction
Assalamualaikum,
Hi traders,
CPO ended lower today at 2656lvl after super bulls tone. CPO may enter into correction phase if open < 2660-2650 and close < 2645. But it may back to bullish tone if open > 2670-2680 and close > 2700. I'm expecting CPO may further downside if open below 2660 and may test 2620-2670 again. Take your position nicely....
Just my 2cents
Happy trading
Wassalam...
Hi traders,
CPO ended lower today at 2656lvl after super bulls tone. CPO may enter into correction phase if open < 2660-2650 and close < 2645. But it may back to bullish tone if open > 2670-2680 and close > 2700. I'm expecting CPO may further downside if open below 2660 and may test 2620-2670 again. Take your position nicely....
Just my 2cents
Happy trading
Wassalam...
Wednesday Trading Tips: I am in November Contract - Corrections in progress
Assalamualaikum,
Hi traders,
CPO ended lower today at 2652lvl after super bulls tone yesterday. CPO may enter into correction phase if open < 2660-2650 and close < 2650. But it may back to bullish tone if open > 2677-2698 and close > 2700. I'm expecting CPO may further downside if open below 2660 and may test 2620-2670. Take your position nicely....
Just my 2cents
Happy trading
Wassalam...
Hi traders,
CPO ended lower today at 2652lvl after super bulls tone yesterday. CPO may enter into correction phase if open < 2660-2650 and close < 2650. But it may back to bullish tone if open > 2677-2698 and close > 2700. I'm expecting CPO may further downside if open below 2660 and may test 2620-2670. Take your position nicely....
Just my 2cents
Happy trading
Wassalam...
Monday, August 9, 2010
Tuesday Trading Tip: Correction after Super Bull
Assalamualaikum,
Hi traders,
CPO ended super higher at 2731 with higher volume......breaking a 2010 resistance level. As seen in the daily chart it seems 90 degree rocket towards 2750, but downside correction may develop. CPO will continue upside bias if open > 2720-2731 and close above > 2730. But may downside bias for correction if open < 2700-2710 and close < 2700. Major trend is still upside bias range bound towards 2750-2800. But be extra careful for downside correction. Please take your position nicely.....
Just my 2cents....
Happy Trading.....
Wassalam....
Hi traders,
CPO ended super higher at 2731 with higher volume......breaking a 2010 resistance level. As seen in the daily chart it seems 90 degree rocket towards 2750, but downside correction may develop. CPO will continue upside bias if open > 2720-2731 and close above > 2730. But may downside bias for correction if open < 2700-2710 and close < 2700. Major trend is still upside bias range bound towards 2750-2800. But be extra careful for downside correction. Please take your position nicely.....
Just my 2cents....
Happy Trading.....
Wassalam....
Sunday, August 8, 2010
Monday Trading Tip: Temporary downside may develop
Assalamualaikum,
Hi traders,
CPO ended super higher on Friday at 2661lvl with 2695 highest level of the month. CPO may continue it uptrend if open > 2645-2660 and close > 2665. Otherwise it may temporary down trend if open < 2604-2620 and close < 2605. I'm expecting CPO may make it temporary downside bias next week. However major trend is still upside biased range bound towards 2700lvl. Please take your position nicely.....
Just my 2cents....
Wassalam....
Hi traders,
CPO ended super higher on Friday at 2661lvl with 2695 highest level of the month. CPO may continue it uptrend if open > 2645-2660 and close > 2665. Otherwise it may temporary down trend if open < 2604-2620 and close < 2605. I'm expecting CPO may make it temporary downside bias next week. However major trend is still upside biased range bound towards 2700lvl. Please take your position nicely.....
Just my 2cents....
Wassalam....
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