Monday, July 4, 2011

Monday Trading Tip: Bearish Expected, If Open Gap Down

السلام عليكم

Hi traders,

CPO ended lower on Friday at 3035lvl with moderate volume traded. Likely bearish if under 3000. Upside tone may develops if open >3055 and close >3080. CPO may downside bias if open <3040 and close <3030. I'm expecting CPO may play 3010-3060 today. Please take your position nicely...

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Happy trading & Wassalam...

Just my 2cents

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