The Daily Chart of CPO broke the low (support) of 2217 registered on 13 Dec 2012. This would make it bearish market ahead if we based on support-resistant technique. HOWEVER, further examine the Weekly Chart, we would realize that CPO could be strong. The MACD of Weekly Chart has been moving upwards creating a divergent between the price and MACD. It means that we have to be very careful on the short side.