Technically to the upside

DJ Resistance:  18,351     All-time high
                        18,206     Breakdown
                        18,104     2014 peak

DJ Support:     17,810     Important
                        17,579     August breakdown
                        17,569     200 Days moving average
                        17,125     Light
                        17,050     Very strong
                        16,933.43 September high
                        16,667     Breakdown very strong
                        16,460     Light
                        15,980     Strong
                        15,651.24 Important
                        15,370.33 Very strong

Technical Analysis:
What a rebound of DJIA and S&P. Both have repaired its charts and now are showing a clear bullish bias.
The DJIA supports DJ17,810, DJ17,579 and 200 days moving average should attract buyers and sustain a bullish bias barring a violent breakdown of them.
DJIA broke up the negative trend line coming from the all-time high and has exceeded the 200 days moving average that is positive and technically open the way to the all-time high. Before it has to break resistances at DJ18,104, 18,206.
The three indexes have done a great spike in the last month and the retracement were limited. The indexes have formed a ladder on the rise with solid steps.
With all these facts, we can say that longer term bias is bullish. We have to pay attention always to the supports.
Please click over the charts to enlarge them.

Fundamentals:
At the beginning of the last quarter of 2015, economics in U.S.A. and China were bad but better than expected which supported the stock market. The last economic news are positive, that allow us to expect to see the test of the stock markets high.
The last steep rise in the stock market is due to those news and the Tech results in the S&p and DJIA. Please watch Microsoft and Amazon results from its cloud business, the perspective are extremely positive. Alphabet, the parent of Google, reporter stronger-than-expected revenues and earnings, and the corporation will share repurchase, it is authorized to buy back U.S. $ 5.1 billion worth. It seems that Tech results will continue to be strong. Let's see Facebook, Linkedln Corp., T-Mobile U.S.A. and the others.
Dear traders and investors, market is pointing up and it is very possible to get a rally before year's end. But pessimism is around the corner, don't forget the 12% correction from August. We have to work with the market trend which is to the upside but always being alert. Stock market is not a game of chance, we have to be rational taking our decisions.

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