Confirmed bullish-leaning

DJ Resistance:  22,386.01  All-time high
                           22,370.80  Record close

DJ Support:      22,179.11  Old all-time high
                           22,119       Old-time close
                           22,000
                           21,912
                           21,820       50 Days moving average
                           21,682       July peak
                           21,600       Strong
                           21,535       June peak
                           21,200
                           21,115       Strong
                           20,980
                           20,910       200 Days moving average
                           20,800
                           20,590
                           20,400       Strong
                           20,115       January peak
                           19,732
                           19,678       January low

Technical Analysis:
S&P and DJIA has confirmed its uptrend with the break out and the constant higher close during five days. S&P is atop SP2,500 which is very bullish because it has reached a technical target and stays closing over it.
First important support for S&P is SP2,480 and for DJIA is DJ21,119, next is DJ22,040 (early September peak, watch the chart).
DJIA following targets are DJ22,550 and 22,750. For S&P is SP2,550 which we should get at the end of the year.
DJIA consolidation range is DJ22,119 - 22,386.01.
DJIA and S&P are exploring uncharted territory and NASDAQ COMPOSITE is attempting 6,460 mayor resistance. The trend in the intermediate term is clearly bullish.
50 days moving average has acted as notable support, we have to pay attention to it.

Please click over the chart to enlarge it.

Fundamentals:
Last week was the best in gains since last December 2016.
Market expects substantial gains in the coming future based in an economy that becomes stronger every day, better corporate earnings and the awaited Trump's tax cut.
Empire State Manufacturing came at 24.4 versus expected19.0. FED considers "favorable macroeconomic factors supporting the backing for current equity valuations".
This is a long bull market that began in 2009 and confirmed with the breakout at the beginning to 2013 that means more than 8 years and there is room for more time to reign.
The markets are awaiting the FOMC Meeting Announcement on rates and FOMC Forecast today at 1 P.M.
I don't expect any surprise, the interest rates should stay as they are. Experts and market watchers will interpreted the FED's words and pay especial attention on when the FED will begin to unwind its balance sheet.

Dear traders and investors, the markets are not easy and to get our conclusions is very hard. It is simple when we expressed them in a few words that they don't show all the drafts that we have written. I am optimistic with the stock market let's say bullish and expect SP2,550 and DJ22,550 for the end of the year. Geopolitical risks are alive but if you are invested in solid assets don't worry.

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