As yesterday.
CPO, sell position still holding. stop order was not triggered.
CPO, another sell position triggered.
stop change to 2275. ( hourly bar chart closing )
Result: Position increase, correct, Make Money
For CPO,
Resistance seen at 2275 and 2250. if break 2250, all short position cleared.
Expect CPO would traded wide range.
If CPO price gap up above 2250, expect some major rebound. next resistance 2275 and 2318
If CPO gap down lower than 2209, expect CPO would plunge where 2209 become resistance, + - 10 point.
Tuesday, June 30, 2009
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CPO, open on 2250. expect CPO would continue trade lower.
ReplyDeletesupport at 2230 and 2215, break support, cut loss if 15min bar closed above 2250 + 10 point ( not high )
CPO today miss out few point from my expectation....
ReplyDeletescare would be a crazy trading days.
CPO, break 2250, means major rebound comes in.
ReplyDeletenext resistance 2275