Monday, April 18, 2011

Monday Trading Tip: Bearish Expected, But May pullback

Assalamualaikum...

Hi traders,

CPO ended lower on Friday at 3236lvl with high volume traded. Seems like bears dominating the battle....Likely bearish tone will significant if CPO level can sustain below 3250. Downside tone may develops if open <3255 and close <3250. CPO may upside bias if open > 3290 and close >3300. I'm expecting CPO may play 3215-3260 today. Pls take your position nicely...

Happy trading & Wassalam...

Just my 2cents
"THE POWER OF SNIPER SAWIT"

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