Waiting for the sun?

DJ Resistance  : 15.709.58 Historical high
                         15.555      Minor
                         15.433      Important
                         15.270      Strong fight
                         15.090      Minor
                         14.860      Minor

DJ Support      : 14.760      Strong  daily chart, and 200MA
                          14.550     Minor
                          14.400     Very Strong

Technical Analysis :
The DJ index is pointing down during the last 14 days.  During this period we are confronting lower highs and lower lows, negative!  The positive trend line from November 2012 is percolated at 15.000 aprox. We can trace a negative trend line from the historical high to today's closing DJ 14.777 . Coincidence with the strong support at 14.760? not for sure.
On the daily chart from the March 2009 lows the DJ is still over the positive trend line and in the positive channel.
Pay attention to the possible triple top or head and shoulder in the six months daily chart. This pattern would be very negative to the blue-chip benchmark index. In the same chart there is a possible range DJ 14.400 to 15.709. The ranges explode to the up or down side with strong mouvements.

Fundamentals :
The market is coming down despite the positive economic news due the goverment shutdown and debt ceiling weight.
What to say? Honestly we should expect a balance fix with a national compromise about the future debt ceiling and budget with the Obama's care Law implementation because it is an approuved Law. If not, all the world together is going to pay for this american crazyness.
I actually have to say that I am still optimistic because the rationalization and restructuring of the american corporations as I explained in the prior blog update. Maybe, it is the time for a healthy great correction in the market to open up the stocks's prices. This is why I said "cash is king" and that the main risk was the debt ceiling at the end of August and in September. We are possibly facing the formation of a wave due the politicians's incompetence.
DO NOT PANIC, we have to put our emotions away and navigate through these waters with objectivity, coolness and discipline. It is not the end of the world, it is only a life's chapter.
I will upload a chart tomorrow to assist you in the navigation.
Good luck, viel Glueck, buona fortuna, buena suerte, bonne chance!
Ulises