APRIL11 CONTRACT
Assalamualaikum...
Hi traders,
CPO ended lower on Thursday at 3655lvl. Another bearish candle formed. Is it bears will continue or bulls will start to kick-off? Let we see today..... CPO seems to test back 3650-3700 level. CPO may upside bias if open > 3650-3685 and close > 3700. It looks like CPO in bearish tone if below 3650. If open below <3640 and close <3620 the bearish tone may take place. Major trend is upside bias with pullback corrections. If CPO breakout 3700lvl, the trend may continue for strong bullish tone towards 4000. I'm expecting CPO may play 3640-3700 today. Pls take your position nicely...
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