Friday, 19 November 2010

19nov2010 - CPO profit target hit 3314 and higher

Hourly cpo futures will start its profit taking target from 3314, 3334, 3354 and every 20 ticks higher. As turning sell level is more than 100 ticks below from the last close of 3318, therefore, hourly cpo indicator will be difficult to turn sell at 1130am today.