S&P at New All-time High

DJ Resistance:  18,103.45  All-time high
                           18,053       All-time closing high

DJ Support:      17,916       It was the inflexion point
                           17,823       2014 close
                           17,600
                           17,350       September peak
                           17,278       September close peak
                           16,990       Very strong
                           16,588       2013 peak
                           16,320
                           16,015
                           15,854       Very strong

Technical Analysis:
S&P got a new historical high and NASDAQ COMPOSITE did its better high from March 2,000. DJIA lagged but showed strength to the upside.
DJIA broke up the inflexion point at DJ17,916 and attempted to the all-time high, it is fighting.
DJIA stays in the consolidation range DJ16,990 - 18,103.45 which is supportive for the bulls. Technical Analysis supports the trend to the up side. The violation at DJ16,990 could change the positive trend in the short term. In the long term the trend is clear to the up side. We have always to be prepared against the violations in the charts.
Please click over the chart to enlarge it.

Fundamentals:
We are going to face important economic news this and next week. Are we going to break the resistance and explore new territories? It is possible. I think that the stock market needs more steam to penetrate the resistance, fly and stay in new territories. This steam could come with the new earnings season in April. The last one disappointed a bit.
Dear traders and investors, the stock market is in a very special position. I am convinced that it needs more fuel to go into new territories. It is easy to be wrong in these markets but what I can tell you is to buy on the dips. I am still optimistic with the stock market. We have together confirmed the strong support at DJ16,990.
Good luck, viel Glueck, buona fortuna, buena suerte, bonne chance!
Ulises