After recent short episode bleed, recovery unrestrained by conviction. Lingering global risks keep outlook unclear.

Analysis of CoFo Scout Readings

Medium-term bear purge nearly finished but global uncertainty remains with D3 shorts transitioning to weekly timeframes now.

Ultra-shorts boast sole pocket of strength with M30 longs standing out. Recall locals can whip quickly.

Significant fragmentation still evident. Pre-D1 timeframe weakness permeates, reflected in fickle dominance scores trending near negligible levels without sync.

Prudent traders will await signal clustering on choice instruments showing improved Scout cohesion.

In the meantime, conviction lacking for aggressive exposures. Risk management warrants patience for market character to reveal itself beyond this inflection point.