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CoFo Lab Market Watch: Global Turnaround Brewing?

Analysis and Forecasts
2024-01-08 14:21:36
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Correction persists with real risk of waterfall into higher timeframes.

Analysis of CoFo Scout Readings

Pullback deepening. But Scout spots easing signs — long signal accumulation mounting across assets.

Weekly anchor longs standing ground. But formidable short pressure H8-D3.

Locals carving long signal accumulation.

Reversals often sparked by ticks — but global inertia still dominates.

Long scenario more justified on global short relief. But local short dominance would argue for short entries.

 

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