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CoFo Lab Market Watch: Impulse Growth Analysis

General News
2024-01-31 10:45:26
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Assets break through local accumulation with partial reflection in CoFo Scout. Strong longs yet to manifest, hinting at potential growth inertia.

 

Analysis of CoFo Scout Readings

 

Market ascends despite unresolved medium-term short signals; bearish accumulations persist. 

 

Correction wave affects all frames, nudging weak shorts into weekly scales

 

Strong short presence on D3. Mid-term short signals flip the weekly bearish. Long-term trend might remain intact due to D1 shorts retreating under momentum influence. 

 

Medium-term view mixed: H2-H4 indicate weak shorts; H8-H12 signal strong longs. 

 

Locally shorts persist.

 

Market presents a divided landscape, suggesting caution. Possible local downturn if short signals maintain dominance. On the flip side, strengthening longs could predict sustained growth.

 

Market at a crossroads with emergent bearish and bullish indicators.

 

Decision-making hinges on signal alignment for clear directional stance. Local and mid-term bear domination could render the market bearish. Opposite signals would lead to confident growth continuation.

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