Dow Jones bullish

DJ Resistance:  21,535.03      All-time high

DJ Support:      21,436      Top of the gap
                           21,384      Bottom of the gap
                           21,115      Strong
                           20,980
                           20,970      50 Days moving average
                           20,800
                           20,590
                           20,400      Very strong
                           20,125      March peak
                           20,000
                           19,850      200 Days moving average
                           19,732

Technical Analysis:
S&P and DJIA have gotten a new all-time highs this week. It is not easy to draw the path in an uncharted territory but DJIA technical target is DJ21,630 (DJ21,115 - 20,400= 715 + 21,115= 21,830).
Next supports are DJ21,436 top of the gap and DJ21,384 bottom of the gap. While DJIA stays over DJ21,115 the trend is bullish in the medium term.

Please click over the chart to enlarge it.

Fundamentals:
This and next week we will get important economic news like leading economic indicators. We have to pay attention to the oil prices which affect directly the stock market. Oil has confirmed its down trend.
We have witnessed stock rotation in the market, investors look for stocks with more potential to go up.
Monday's breakout failed on Tuesday, oil is pointing down on Wednesday, and it seems that the market is not ready for new highs at the moment. Economy and corporations are doing well although rate hike by the FED last week. Next earnings season is coming after the first week of July, in my humble opinion the market will get new all-time highs before the earnings season.

Dear traders and investors, the market is in a bull trend, Europe is doing better (Brexit is discounted). Stay long and buy in the deeps. We have to assess the coming earnings season because the 2017 summer doldrums could be very boring, remember the stock market weak period is from May to October.

My right arm is recovering, it will be ready again in July for earnings season.

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