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
1. LONG at lower level
Note: Don't believe me, please believe your self. This setup was from my perspective only.