Bull market?

Please click on the chart to enlarge it

Technical analysis:
As you can see in the chart the DJ index is in a bull trend from March 2009. You have to pay attention that in the last six months the blue-chip benchmark is toppish in a range DJ14.400 - 15.709.58. This index needs a weekly close over DJ15.709.58 to continue with the positive trend.

Fundamentals :
The politicians's incompetence weight in the market. We are going possibly to be in the same situation in January and February as it was in the last fifteen days.
Today's problem is distrust. We are in earnings season which should be positive. But if the market have lost confidence and the DJ index does not overcome  DJ15.709.58, the bull market could be finish or at least in problems waiting for a definitive solucion about the national budget and indebtedness at the beginning of the next year.
The S&P operates well in new historical high, the DJ index is lagging.

Let the market speak!

Good luck, viel Glueck, buona fortuna, buena suerte, bonne chance!
Ulises