Thursday, May 19, 2011

Thursday Trading Tip: Expected Bullish Tone if Above 3300


Hi traders,

CPO ended higher on Wednesday at 3297lvl with high volume traded. Seems like bulls try to come back Likely bullish tone will significant if CPO level can sustain above 3300, then 3370. Upside tone may develops if open >3300 and close >3320. CPO may downside bias if open <3290 and close <3270. I'm expecting CPO may play 3290-3330 today. Please take your position nicely...

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Happy trading & Wassalam...

Just my 2cents

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