Friday, June 24, 2011

Friday Trading Tip: Bears......Bears if below 3150

السلام عليكم

Hi traders,

CPO ended lower on Thursday at 3136lvl with high volume traded. Likely bears tone very significant making a year low. Upside tone may develops if open >3165 and close >3190. CPO may downside bias if open <3140 and close <3120. I'm expecting CPO may play 3110-3165 today. Please take your position nicely...

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Happy trading & Wassalam...

Just my 2cents

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