Monday, May 23, 2011

Monday Trading Tip: Bullish Tone Continue Expected, May have pullback correction


Hi traders,

CPO ended higher on Friday at 3390lvl with high volume traded. Seems like bulls continue Likely bullish tone will significant if CPO level can sustain above 3400, then 3450. Upside tone may develops if open >3380 and close >3400. CPO may downside bias if open <3360 and close <3350. I'm expecting CPO may play 3370-3420 today. Please take your position nicely...

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Happy trading & Wassalam...

Just my 2cents

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