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📊CoFo Lab Market Watch: At Inflection Point

Analysis and Forecasts
2024-01-29 19:07:12
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📊CoFo Lab Market Watch: At Inflection Point

 

Weekend accumulation allows bears to redistribute, likely prompting local correction attempts.

 

🗣Analysis of CoFo Scout Readings

 

Desynchronization & fragmentation depict consolidation backdrop.

 

Weekly long strength tapering. D3 shorts still solid.

 

Mediums and locals bifurcated. Both longs & shorts persisting.

 

Such fickle phases require vigilance. Rapid sentiment shifts likely. CoFo Scout readings should be monitored frequently.

 

Currently lack conviction for directional call. A bull scenario would require: local long domination & medium shorts fading. A bear scenario would see signals flip, with strengthening local shorts & weakening medium longs.

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