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CoFo Lab Market Overview: Further Correction

Аналитика и прогнозы
2023-11-17 14:00:00
252

Local reversals occurred. Medium-term short strength translated into corrections.

Analysis of CoFo Scout readings

Local long signal dominance but weak indicators. Unloading but still strong medium-term shorts. Strengthening D1 bears. But D3 and W1 longs indicate bullish global trend direction.

Local correction expanded to medium-term frames. Strong CoFo Scout shorts suggest possible global timeframe shift.

Summary

No uptrend continuation signals presently. Awaiting new entry points for confident shorts.

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