How Long Can It Go?

The Bull Market Time

How much can the market sustain current price levels – as of now looks like forever…

We are within one of the biggest Bull-Markets of all times and assets continue to push forward although and despite everything.

If you will ask reporters like – Sue Chang from MarketWatch – some different point of view is heard –

As assets behave lately  stocks are pushing through everything and simply shake it off have a look at the Nasdaq and tell me what you think of an asset that behaves this way:

Nasdaq chart 2208

As Inventories will come in today – the Oil price is on a support level that creates a triangle which when is breached will lead to a continuation of a movement:

Oil Chart 2208

Last but not least – Gold – started a bounce of 35$ since he reached the bottom of 1,160 and by the Weekly chart should reach up till 1,268$ per ounce which gives a potential movement of 73$ movement…

Gold chart 2208

Comment below and stay tuned – more to come…

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