All COFO FEED

CoFo Lab Market Watch: Short-Term Consolidation

Analysis and Forecasts
2024-02-20 16:58:33
712

Markets moved into local consolidation mode. Scout flows mixed with lingering short signal prevalence.

 

Analysis of CoFo Scout Readings

 

Performance scattered lacking conviction either way. Minimal assets at full sync. Signal strength insufficient for trading input.

 

Global durations showing continued fragmentation — weak shorts and longs.

 

Med-term with concentrated bearish presence, clearer picture and relatively stronger reads among timeframes.

 

Locals equally choppy with insignificant signals.

 

Bleeding shorts doesn't guarantee sustained upside.

 

Bulls regain footing only when longs overtake local control. In the meantime, window stays open for bear trap.

Only login in users can review, please log in or signup

Similar news