Wednesday, May 4, 2011

Wednesday Trading Tips: Bearish May Continue. Testing 3250

Assalamualaikum...

Hi traders,

CPO ended lower on Tuesday at 3271vl with low volume traded. Seems like bearish dominating the sentiment at last trading hour despite thin trading range....Likely bearish tone will significant if CPO level can sustain below 3300. Downside tone may develops if open <3275 and close <3250. CPO may upside bias if open > 3285 and close >3300. I'm expecting CPO may play 3240-3280 today. Pls take your position nicely...
Happy trading & Wassalam...

Just my 2cents
"THE POWER OF SNIPER SAWIT"

No comments:

Post a Comment