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CoFo Market Review: Bullish Races

Analysis and Forecasts
2023-12-21 21:37:36
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Markets pivoting bullish but unresolved shorts remain per Scout.

Analysis of CoFo Scout readings

Most assets extended gains with building volumes. But shorts yet to discharge, continuing accumulation.

Steadiest signals remain weekly longs & daily shorts globally.

Messier mid-term with equal-strength bi-directional dominance.

Locally short stacking.

Likely reversal point not yet reached given unfinished short capitulation.

Already sizable asset climbs suggest no rush into new longs. Await confirmed local long strength first.

 

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