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CoFo Lab Market Watch: Global Correction Warnings?

Analysis and Forecasts
2024-02-12 16:26:01
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Extremes nearing as correction looms per CoFo Scout. Global moves require patience from first signals to realization.

 

Analysis of CoFo Scout Readings

 

Growth continuation and short signal accumulation. These are warnings signs of a correction. Might take some time to play out, as often the case with global moves.

 

Shorts dominate weekly frames with gathering strength.

 

D3 shorts persisting.

 

Medium-term with concentrated short signals.

 

Elsewhere mixed scattershot signals in both direction and intensity.

 

Fragmentation persists but Scout shows clear aggregate short dominance.

 

For trading decisions, wait for unambiguous local reads. If local shorts amplify, correction could hit earlier.

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