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CoFo Lab Market Watch: Volatility Diffusion

Analysis and Forecasts
2024-03-13 20:18:52
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Assets discharged CoFo Scout's short signals without declining. Yet bears don't retreat.

 

 Analysis of CoFo Scout Readings

 

Sellers executed a broad long squeeze, partially relieving short signal pressure. 

 

Overall trend: dwindling strength for both longs and shorts — clear volatility decrease signaled.

 

Global battle rages on, shorts clinging to slim advantage. Medium-term and intraday cues fragmented, weakening despite yesterday's lull. As on higher timeframes, shorts dominate quantitatively post-detente.

 

As volatility diffuses, breakout risk rises in either direction. For informed positioning, await intraday directional dominance. When volatility wanes, lower timeframes set the near-term vector.

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