CoFo Lab Market Watch: Market Parity
Analysis and Forecasts
2023-12-18 19:14:00
Correction still underway as buyer/seller battle intensifies —currently a stalemate.
Analysis of CoFo Scout readings
Minimal Scout dominance presently, assets closely fought.
Strong shorts building on higher timeframes, providing corrective direction.
However growing local & medium-term longs applying counter-pressure. Longs expanded into more mid-term over weekend.
Best trades align higher tfs. W1 longs indicate uptrend continuation but competing D1 & D3 shorts argue correction incomplete.
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