CoFo Lab Market Watch: Market Tranquility
Analysis and Forecasts
2023-12-20 16:42:20
Directional uncertainty persists amid decreasing volatility — the stillness before the storm?
Analysis of CoFo Scout Readings
CoFo Scout shows fading signal dominance both ways signaling market slowdown.
Daily shorts & weekly longs maintain control globally. Locally & medium-term shows mixed signals lacking conviction.
Some individual assets show clarity, but broader markets inconclusive presently.
Lacking decisive signals, staying our of the market seems like a good idea for now. Awaiting clearer Scout trends to emerge before repositioning would be prudent.
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