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CoFo Lab Premium Indicators

Analysis and Forecasts
2024-04-18 14:52:34
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Globally, weekly timeframe divergences accumulating. Prices diverging from sell areas. Bearish wave holding on dailies, trendline trend flipped down. Price heading toward buy zone, no long signals.

 

Medium-term bearish downtrend wave persisting. Some indicators overbought. H8 testing major MA200-233 support levels. No significant long signals.

 

Locally, bearish downtrend wave. Prices nearing buy area. Gaussian Distribution zones converging, suggesting volatility pickup imminent.

 

Takeaways

 

Bears rule the roost, no major long signals present. Prepare for local volatility surge.

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