The CPO has gone up to 1850 and dropped back t0 1800 - 1830 region. I am expecting the CPO to perform weaker in the coming days. 1800 is the big support. If it break below this level, I will SHORT. 1875 is the resistance level (white MA). A lot of demand and volume will be required to break this resistance. Look for short opportunity.

Note: The last bar was showing weakness. No demand.

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