Here I focus on swing trading and the trend over the longer term (a few weeks/months). Winter is over and bears have awoken, and they are hungry for blood.
*** Oil ***
Trend: Bullish. Recommendation: Long.
*** Gold ***
Trend: Bearish short term, possibly turning bearish longer term. Recommendation: Long it on 1250-1265 depending on several factors. Reassess if it goes up & short.
*** BTCUSD ***
Trend: Bearish. Recommendation: Short it to the ground! No pity for those that wanted to profit from a ponzi.
*** ETHUSD ***
Trend: Bearish. Recommendation: I doubt it goes to 700 but if it does short it. Might be at its highest right now.
*** LTCUSD ***
Trend: Bearish. Recommendation: the joke is over. Short at the top of the descending trendline, where all the moving averages are.
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