Wednesday, November 2, 2011

Wednesday Trading Tips: Bearish May Continue if below 2920

السلام عليكم
 
Hi traders,

CPO ended lower on Tuesday at 2923lvl with low volume traded. Likely bears may tests 2850-2900 if CPO can sustain below 2950lvl. Otherwise it may continue for uptrend. Upside tone may develops if open >2950 and close >2980. CPO may downside bias if open <2930 and close <2910. I'm expecting CPO may play 2900-2950 today. Please take your position nicely...

MAJOR TREND: DOWNTREND
SENTIMENT: BEARS
CORRECTION/RETRACEMENT: Yes
 
GOLDEN TIP:  
 
1. SHORT at high level if open below 2920


 
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"

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