Tuesday, April 26, 2011

Tuesday Trading Tip: Bulls vs Bears, 3400 Strong Resistant


Hi traders,

CPO ended lower on Monday at 3360lvl with low volume traded. Seems like bullish not strong enough to break 3400....Likely bullish tone will significant if CPO level can sustain above 3400. Upside tone may develops if open >3370 and close >3390. CPO may downside bias if open < 3355 and close <3350. I'm expecting CPO may play 3330-3380 today. Pls take your position nicely...
Happy trading & Wassalam...

Just my 2cents

1 comment:

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