Thursday, June 23, 2011

Thursday Trading Tip: Expected Bearish Tone, Testing Lower Support 3150

السلام عليكم

Hi traders,

CPO ended lower on Wednesday at 3178lvl with high volume traded. Likely bullish tone may develop if level can sustain above 3300. Upside tone may develops if open >3210 and close >3230. CPO may downside bias if open <3190 and close <3175. I'm expecting CPO may play 3150-3205 today. Please take your position nicely...

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Happy trading & Wassalam...

Just my 2cents

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