Wednesday, January 5, 2011

Wednesday Trading Tips: May Have Another Pullback Towards 4000

Assalamualaikum...



SYSTEM DOWN... DOWN...DOWN....SUPPOSED TO NOT HAPPEN...


Hi traders,

CPO ended higher on Tuesday at 3888lvl with thin volume traded. CPO seems to test back 3850-3900 level. CPO may upside bias if open > 3880-3900 and close > 3880. If open below <3860 the bearish tone may take place. Major trend is upside bias with pullback corrections. Please be cautious for another pullback. If CPO breakout 3900lvl, the trend may continue for strong bullish tone towards 4000. I'm expecting CPO may play 3860-3920 today. Pls take your position nicely...

Happy trading & Wassalam...

Just my 2cents

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