As yesterday,
CPO short position took profit as 2250 breach.
Fresh short position occur when 2275 not breach
stop remain at 2275( hourly bar closing, not high)
Result: 1 profit, fresh position
For CPO,
Resistance seen at 2275 and 2318.
If CPO gap up >2275, stay out from market. wait for clearer view.
If CPO gap down, <2255, bear run continue. resisntance 2275 critical.
If CPO 2255 < x <2275, stay out, wait for signal.
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CPO bear rally is confirmed. Break 2255.
ReplyDeletefresh short in encourage. expect might rebound slightly at 2256 and 2238 levels.
resistance at 2250 and 2275
ReplyDeletesee you at 2093
ReplyDeleteCPO possible rebound 2235 and 2250 levels.
ReplyDeletefresh short is encourage there.
stop still remain 2275
only rebound until 2216
ReplyDeleteCPO resistance become 2209
ReplyDelete