Friday Trading Tip: Bullish Tone Expected, May have correction

السلام عليكم

Hi traders,

CPO ended higher on Thursday at 2993vl with low volume traded. Likely bears may tests 2850-2900 if CPO can sustain below 2950lvl. Upside tone may develops if open >2980 and close >3000. CPO may downside bias if open <2950 and close <2920. I'm expecting CPO may play 2970-3020 today. Please take your position nicely...

MAJOR TREND: DOWNTREND

SENTIMENT: BEARS 

CORRECTION/RETRACEMENT: Yes

 

GOLDEN TIP:  

 

1. LONG at lower level

 

Note: Don't believe me, please believe your self. This setup was from my perspective only. 

If  you need updated CPO Fundamental Data please log on to  http://fcpomillionaire.blogspot.com/

Happy trading & Wassalam...

Just my 2cents

"THE POWER OF SNIPER SAWIT"