Monday Trading Tip: Chances of Bullish

Assalamualaikum,

Hi Traders,

CPO ended higher Friday at 2627lvl. It is expected CPO may bullish on Monday if open > 2615-2630 and close > 2630. But it may downside tone if < 2612-2600 and close < 2695. I'm expecting CPO to test 2615-2650 on Monday. Overall trend is still upside bias with correction. Take your position nicely.

Just my 2cents

Happy Trading

Wassalam...

Friday Trading Tip: Bearish Correction

Assalamualaikum....

Hi traders,

CPO ended lower today at 2615lvl. Bearish tone was developed today confirming yesterday bearish engulfing pattern. CPO may further downside bias on Friday if open < 2620 and close < 2600. But it may upside bias if open > 2640 and close > 2650. Take your position nicely...

Just my 2 cents

Happy Trading...

Wassalam....

Wednesday Trading Tips: Extra careful on Bearish Tone

Assalamualaikum,

Hi traders,

I just came back from Hari Raya holiday and don't have any position since Thursday last week. Today CPO ended lower at 2643lvl, making significant bearish tone developed. Expected CPO may downside bias if open < 2650 and close < 2620. It is supported by bearish engulfing candle on daily chart. However it may upside bias if open > 2660 and close > 2665. Overall trend is still in bullish tone with correction. But please be careful on continue bearish tone that might change the trend in short term trading. Take your position nicely.....

Just my 2cents

Happy trading

Wassalam....