Dow Jones touched 26,000

DJ Resistance:  26,086.12  New all-time high
                           25,977
                           25,819.10

DJ Support:     25,700
                          25,440
                          25,112
                          25,016       20 Days moving average
                          24,876       2017 peak
                          24,715.90   Strong, support of old range
                          24,500
                          24,395       50 Days moving average
                          24,100
                          23,950
                          23,600
                          23,500       Gap upside
                          23,480       Gap downside
                          23,250       Strong
                          23,174       Gap
                          23,002       Strong, gap
                          22,890
                          22,795
                          22,420       Strong, breakout
                          22,390       200 Days moving average
                          22,119
                          22,000
                          21,912
                          21,600
                          21,535       July peak
                          21,115
                          20,800
                          20,590
                          20,400       Strong
                          20,125       January 2017 peak
                          19,732
                          19,672       January 2017 low

Technical Analysis: 
The three indexes has started the new Year showing a powerful bullish trend. The breakout to the upside is solid and supported. Momentum is bullish in the three indexes.
DJIA touched DJ26,000 today and retraced forming a DOJI symbol possible bullish.
S&P should have a strong support at SP2,740. DJ25,300 area should be an important support for DJIA.
The three indexes have reached actually new territories in the charts and are above the 20, 50 and 200 moving averages days which is powerful bullish.
Let's see if today's DOJI will be a bull sign.

Please click over the chart to enlarge it.

 Fundamentals:
Last week was spectacular for the markets with more new all-time highs.
Historical tax cuts, strengthening economy and surging corporate earnings show us an excellent backdrop for the future. The uncertainty comes from the spending bill deadline this January 19th. If there is not an agreement the government will shut down. The fight between republicans and democrats are the security of the country through a wall border with Mexico and the DACA, immigrant students plan, which has stopped the negociations.
The markets are concentrated in the Congress these days and it is difficult to get a deal this Friday or before. Both parties have to find a way to maintain the government operating.
The uncertainties and volatilities about the spending bill will cause retracement and corrections in this bull market. I personally think that they will be temporally and I welcome them to get opportunities to buy cheap.

Dear traders and investors, the fundamentals of the markets and the economy are strong therefore stay long and use the volatility to get bargain prices of your prefered stocks.

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