Bears capitalized on recent pause, attempting trend reversal. Local success so far, but global uptrend yet intact.

Analysis of CoFo Scout Readings

Uptrend still relevant, though short signals building across timeframes.

Weekly anchor longs still holding. But shorts strengthened on daily & medium-term charts — applying pressure.

Locally, mixed signal cross-currents. Pockets of long zones, but shorts encroaching on both flanks.

Situation stalemate presently. Favorable conditions could develop for either side.

Complete local short dominance may spark deeper correction. But fatigue of medium-term bears while locals reclaim long control could resume uptrend.