Hi traders,
CPO ended higher on Friday at 3955vl with high volume traded. Seems like bullish momentum very strong towards 4000. CPO may upside bias if open > 3940-3955 and close > 3970. It looks like CPO in bearish tone if below 3900. If open <3915-3900 and close <3900 the bearish tone may take place. If CPO above 3950lvl, the trend may have chance for bullish tone towards 4000. I'm expecting CPO may play 3930-4000 today, but becareful on pullback correction. Pls take your position nicely...
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