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CoFo Lab Market Watch: Path Murky Post-Spike

Analysis and Forecasts
2024-01-12 12:55:12
538

Yesterday’s news flash fizzles, assets now consolidating gains.

Analysis of CoFo Scout Readings

Explosive advance gave way to more balanced accumulation. Gaps left behind for many assets.

Scattershot signals across timeframes now. Weekly & medium-term longs intact but daily shorts formidable still.

Locals fractured with mixed read — both bull and bear signals present.

Net picture balanced tension for Scout. Captures struggle for control between bull and bear forces presently.

Awaiting Scout signal conviction on eventual market imbalance for directional trigger.

 

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