The Bursa CPO is at congested, low volume trading zone. For this to break lower, it will need to close below 2300. For it to go higher, it has to stay above 2316. Now is not the entry point, but i believe in the afternoon session, a major up or down swing should appear. Observe closely. The crude oil price has also not moved much today due to the uncertainty of the 700 billion US bail out plan.
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David Kong
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