All COFO FEED

CoFo Lab Market Watch: Another Leg Down

Analysis and Forecasts
2023-12-13 18:25:07
372

Medium-term shorts maintain corrective pressure amid decreasing volatility.

Analysis of CoFo Scout readings

Within downward accumulation patterns currently, setting stage for eventual resolution.

Persistent medium-term shorts weighing on markets, fueling corrective forces.

Expect correction completion with shorts fading on these key timeframes. Until which, long entries inadvisable given weak, shorting local signals on some assets.

Justified continuation short entries upon reestablishing lower tf short control.

 

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