S&P exceeeded 2050 points.

DJ Resistance:  17,735.71     Record all-time high
                           17,705          Prior all-time record high

DJ Support:      17,525 - 17,500
                           17,411          Strong
                           17,278          September's peak
                           16,990
                           16,588          Strong 2013's peak
                           16,320          Strong
                           15,850          Very strong

Technical Analysis:
S&P did new all-time record high at SP2056. I expected SP2050 for Thanksgiving and we got it one week in advance with this strong bull market.
DJIA and S&P are riding in unknown territories. The new DJIA short term range is DJ17,500 - 17,735.71.
The steep last four Weeks's spike is extremely bullish for medium and long term. Every week DJIA closed higher than previous. This is a strong bullish sign because it means that buyers are coming and bears are losing the fight with them.
The three indexes are in bullish mood, we should watch others like S&P400 or Russell 2000 because they can act as ballast if they don't have the same movement.
Next target for DJIA should be DJ18,000 and SP2,100. Technical analysis indicates a clearly bullish direction supported by a strong positive momentum.

Click over the charts to enlarge them

Fundamentals:
These markets are driven up by the last U.S.A. economic news like the consumer is in shape, Consumer Sentiment and Retail Sales reported better than expected, U.S.A. recovery is in the way, European economy is out of recession officially with 0.8% GDP growth, Japan is in recession but Abe is calling for election and delaying sales tax increase for 18 months, a good earnings season and the catalyzer U.S.A. election.
There is no more important economic news until December and we will have a nice Thanksgiving next week.
Dear traders and investors, do not forget that we got almost 9% correction in October generated by the geopolitical backdrop, European recesion, etc. The formidable bounce up of the stock market is showing us what the market is anticipating for the next 6 to 9 months. We have to analyze the coming inflation and how it is going to affect the market. We are going to work on it. For the moment market has to consolidate over S&P 2050, if that, next target and we will see is SP2,100 before the year end otherwise we will get a moderated correction looking for bull-bear battlefield to define market's direction in the short term.
Good luck, viel Glueck, buona fortuna, buena suerte, bonne chance!

Ulises