Dow Jones looking for old all-time High

DJ Resistance:  26,616.71  All-time High
                           26,435       January gap upper side
                           26,338       January gap downside
                         
DJ Support:      26,000       Strong
                           25,835.35  February high
                           25,732
                           25,600
                           25,068       50 Days moving average
                           25,000       200 Days moving average
                           24,742
                           24,000
                           23,500       Strong
                           23,250       Very strong
                           23,173       Strong, gap
                           23,002       Strong, gap

Technical Analysis:
Dow Jones has topped August peak at DJ26,168 and is ready to try to close January gap.
S&P is well supported at SP2,873 and the breakout at SP2,873. NASDAQ Composite is the softer but well supported.
DJIA is also well supported by two positive trend lines (please watch the chart). DJIA has formed a bull flag in the last days daring its seven months high.
The September path is bullish and I expect a prompt visit to the DJIA all-time high.

Please click over the chart to enlarge it.

Fundamentals:
The good economic news was imposed about the uncertainty created by the possible trade war between U.S.A. and China, and U.S.A. and Canada.
Consumer sentiment at 100.8 from last moth 96.2
The Business Inventory report year to year showed that the inventories pace at 4.3% lags the year to year pace for sales at 8.1%.

Dear traders and investors, as I have explained in prior blogs I expect an excellent 2018 second semester. Technical analysis and fundamentals indicated an upward trend: bullish.

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