CPO Daily Chart Update

It has been a while since I last blogged. CPO is in a sideways mode since it has been up so much and hit the high of 3628 (registered on 10 April 2012).

It looks good to long with Yesterday white candle and current up candle, there is high chance that the price would further surge but it would not go very far since it stays between the line based on daily chart.

Bean Oil Future Contract Surged!

Bean Oil July 2012 Future Contract surged towards the end of session on Friday to $55.51.