3 Indexes are Bullish

DJ Resistance:  26,616.71  All-time high
                           26,000
                           25,835.35  March peak
                           25,086       May peak
                           24,876       2017 peak
                           24,719       2017 close
                           24,642       50 Days moving average
                           24,600       20 Days moving average
                           24,401       200 Days moving average
                           24,280
                           24,000       Strong
                           23,500
                           23,250       Strong, gap
                           23,174
                           23,002       Strong, gap
                           22,890
                           22,795
                           22,420       Strong, breakout
                           22,119
                           21,912
                           21,600
                           21,535

Technical Analysis:
First semester was hard, the financial indexes did new all-time highs and stayed trapped in a range when they have the potential to go up.
The three indexes bounced up and have a good start in this third trimester. The three have recovered the closing over its 20, 50 and 200 days moving average which is bullish. The Dow Jones Industrial benchmark is the weakest between the three.
DJIA has closed over DJ24,719 (2017 close) and DJ24,876 (2017 peak). It shows a shift to a positive momentum.
Next resistance for S&P is SP2,802 (March peak).
The trend of the indexes is bullish in the intermediate and long term.

Please click over the chart to enlarge it.

Fundamentals:
The last Friday and beginning of the new week's bounce up was originated by Friday's job report. It was positive and showed a growing economy. Dow Jones, S&P and NASDAQ closed higher for 4th. days in a row. Expectations of corporate second quarter earnings weights in the market too.
Tariff concerns were neutralized by the estimation that the tariff hike will cost only 2% of the S&P in earnings growth. That means that the bull market will not be actually affected by the trade war especially when the economy is stimulated by the tax cut and the corporate earnings are growing with expectations of two digits. All that means that the fundamentals look splendid for the country and the price stocks.
Retail sales continues going up, Redbook report indicated same store sales grew at a rate of 5.5% versus last month at 4.4% which is actually brilliant.

Dear traders and investors, I expect indeed an excellent second half of the year based on the tax cut, growing economy and consumption.

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