Todos COFO FEED

CoFo Lab Market Watch: Struggle for Resolve

Analysis and Forecasts
2024-02-02 16:51:42
614

Uncertainty persists amid lack of follow-through strength behind the long signals emerging after recent short pressure fades.

 

Analysis of CoFo Scout

 

Desynchronization muddles conviction for now. Makes quality analysis difficult.

 

Though cleanout of bear signals continues, replacement longs not yet boasting required influence to assume control. Still, the next direction will determine outcomes.

 

D3 and H2 reveal sole pockets of directional dominance — the former still short, the latter long. But isolation limits ability to set broad trend.

 

Such discordance should encourage conservative traders to stay sidelined, while intraday tacticians should await local timeframe signal clusters to inform bias.

 

A number of assets showing cleaner CoFo Scout reads could reach escape velocity. Prudent to watch.

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