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CoFo Lab Market Watch: Market Tranquility

Analysis and Forecasts
2023-12-20 16:42:20
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Directional uncertainty persists amid decreasing volatility — the stillness before the storm?

Analysis of CoFo Scout Readings

CoFo Scout shows fading signal dominance both ways signaling market slowdown.

Daily shorts & weekly longs maintain control globally. Locally & medium-term shows mixed signals lacking conviction.

Some individual assets show clarity, but broader markets inconclusive presently.

Lacking decisive signals, staying our of the market seems like a good idea for now. Awaiting clearer Scout trends to emerge before repositioning would be prudent.

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