Monday, June 27, 2011

Monday Trading Tip: Bearish Expected, If below 3150

السلام عليكم

Hi traders,

CPO ended lower on Friday at 3117lvl with high volume traded. Likely bears tone very significant making a year low. Upside tone may develops if open >3130 and close >3150. CPO may downside bias if open <3120 and close <3100. I'm expecting CPO may play 3090-3145 today. Please take your position nicely...

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Happy trading & Wassalam...

Just my 2cents

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