Ad Portas of an Important Resistance

DJ Resistance:  18,351       All-time high
                         18,206      Breakout
                         18,104      2014 peak
                         17,810      Important
                         17,600      200 days moving average
                         17,579      Very important
                         17,125      Very important

DJ Support:      16,933.43 September high
                         16,700      50 moving average
                         16,667      Breakout
                         16,460      Light breakout
                         15,980      Strong
                         15,651.24 Importnat
                         15,370.33 Very strong

Technical Analysis:
Next resistance is DJ17,125 key resistance is DJ 17,579 and 200 days moving average DJ17,600.
DJIA has to sleep over DJ17,579 to consider solid repairs on charts.
We can consider the medium term with a positive bias is DJIA stays over supports DJ16,667 (breakout) and DJ16,700 (50DMA)
DJIA positive uptrend is stronger than S&P and NASDAQ COMPOSITE. Both indexes have double bottom forming a clear "W", you can see them easily in the charts, DJ16,667 and SP1,870. This powerful and we are seeing the bounce.
The breakout of resistances indicated at the beginning would strength the bull case.

Please, click over the chart to enlarge it.

Fundamentals:
Please read my fundamentals of last week again. We entered in earnings season, these and good economic news are the catalyzers for a bounce before year's end. I expect a rally during the last three months of 2015 but we could enter in a bear market, then we have to be ready to shift direction and protect our portfolios. DJIA and S&P have a seven days with step rise and are putting aside clear resistances. Now is the time for fundamentals to support an upward movement.
Dear traders and investors, I am not frankly clear right now, we still are in October in a bounce but below DJ17,579, the up move could be evaporated. We have to watch the earnings season and if they are better than those of the second quarter, we will get the bounce and attempt to the all-time highs. The U.S. consumer has increased 3% approximately and consumer is still two thirds of the U.S. GDP. That is positive for the bulls, let's see the corporations' results in the third quarter.Caution is warranted.

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