Hi traders,
CPO ended higher on Tuesday at 3669vl with high volume traded. Bullish momentum failed during last trading hours but hoping of bulls still there if sustain 3700 level... Seems like sideway will take place if bulls momentum weaker towards 3700. External factor may boost the level up to 3700. CPO may downside bias if open < 3639-3655 and close <3620. It looks like CPO still in bearish tone if below 3650. Upside tone may develops if open >3690-3700 and close >3700. If CPO above 3700lvl the bullish tone may significant . I'm expecting CPO may play 3630-3720 today. Pls take your position nicely...
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