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
If CPO open gap down - SHORT at 2995-3000 area