Tuesday, August 9, 2011

Tuesday Trading Tip: Bears.......Nightmare for the Bulls

السلام عليكم

Hi traders,

CPO ended lower on Monday at 2994vl with high volume traded. Likely bears may tests 2900 if CPO can sustain below 3000lvl. Upside tone may develops if open >3024 and close >3035. CPO may downside bias if open <3005 and close <2090. I'm expecting CPO may play 2970-3020 today. Please take your position nicely...

MAJOR TREND: DOWNTREND
SENTIMENT: BEARS 
 
If CPO open gap down - SHORT at 2995-3000 area

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"

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