CoFo Lab Market Watch: Range Movements
Markets have yet to realize potential. Prices mostly ranged, some assets excepted.
Analysis of CoFo Scout readings
Local short signal dominance. Medium-term fragmentation - long dominance on senior frames, shorts on junior. Globally strengthened shorts moving to D3. Significant W1 longs remain while D3 still long.
Unrealized market potential - nearly all instruments ranged.
Per CoFo Scout, medium-term short unloading continues. But strong shorts transitioning higher may prompt deeper corrections.
Summary
Indicators remain scattered and insufficient for trading decisions presently. Ongoing CoFo Scout monitoring.
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