All COFO FEED

CoFo Lab Market Watch: Self-Sustaining Rally

Analysis and Forecasts
2024-02-29 16:40:38
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Sellers tried unloading into month-end, with mixed success. Short signals continue accumulating.

 

Analysis of CoFo Scout Readings

 

Yesterday's pulldown might have been caused by profit-talking. Dip-buyers absorbed supply, creating shortages for further upside.

 

CoFo shorts dipped but strong demand prevented unloading. Market remains overbought, piling into shorts.

 

Global timeframe signals little changed — shorts dominate but conviction weak.

 

Medium-term and local fragmentation persists. Shorts prevail, sometimes strongly.

 

Overheating growing across assets but bears still lack strength to implement downside scenarios.

 

Trades should be asset-specific, targeting clear signals aligned with structure.

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