A trader might interpret this as a long - term bearish outlook with a short -
term bullish outlook.
Not exact matches
While major SPDR ETF funds have been bearish over the past few weeks, the long -
term outlook is still quite
bullish.
Despite its short -
term behavior, the long -
term outlook for oil is
bullish with medium
term targets at $ 58.
Short -
term overbought conditions may yield a pullback, though the
outlook would remain
bullish as long as prices hold above the 50 - day MA (currently seen at BTC 0.0337).
When asked about their short
term (6 - 12 month)
outlook on the overall strength of the mining industry, 47 % of respondents hold a
bullish view.
Long
term, sentiment seems to be getting better and better: a whopping 83 % have a
bullish and promising
outlook on the industry from a long -
term perspective.
Globally, the
outlook for cotton is
bullish with hedge fund managers taking a positive long -
term view on the sector, according to a recent report by Bloomberg.
About this
bullish news, Richard Poulden, the executive chairman of Wishbone Gold, stated in a recent interview that his
outlook for gold was based on, «Standard Chartered [having] a long -
term target of $ 5,000 an oz.
His more
bullish gold
outlook is based on seasonality patterns, the long -
term basing pattern of gold, and the leading movements of junior gold miners (via GDXJ):
So for the long -
term, the
outlook is tremendously
bullish if you buy stocks blindly to keep for a century.»
The stock market's medium - long
term outlook is
bullish.
The long
term investing
outlook is always
bullish.
For the technical indicators, both the hourly MACD and RSI are sending a
bullish signal in the short
term, but the general
outlook remains neutral since BTC / USD is still trending downward.
Short
term volatility, yet strong fundamentals giving rise to
bullish long
term outlook.
The panel's three participants, all of whom are based in China, noted that the Chinese government actually has a positive,
bullish outlook on Blockchain tech long
term, and that the bans on trading and ICOs are likely temporary, preemptive measures put in place to bide the government some time.