Dow Jones Industrial Average new record high

DJ Resistance : 16.120    New record high

DJ Support      :  16.030
                            15.900.82 Strong Low November 22nd.
                            15.797
                            15.700      Strong

Technical Analysis:
The blue-chip benchmark got a new record high today. The DJ index lost steam at the close of the session but ended in positive.
The S&P also touched a new record high and the NASDAQ finally overcame 4.000 points, incredible.
Well, we got the small Thanksgiving rally.
We have to pay attention to the broke up DJ 15.721 resistance with "V Reversal" because the technical target should be DJ16.600 aproximately.
The Dow Jones Index is right now over a positive trend line coming from this "V reversal" (blue line in the chart enclosed).
Please click on the chart to enlarge it.

Fundamentals :
Not too much to comment before Thanksgiving.
We got encouraging economic news today as the U.S. Home Prices and U.S. Building Permits. The U.S. Consumer Confidence unexpectedly continues to deteriorate in November. The Conference Board Consumer Index dipped to 72 from upwardly revised 72.6 in October. As I have explained last week the consumer sentiment worries me.

Dear traders and investors, I wish you an excellent time with your families. Le foyer is for me very important, it is the base of the family and I will dedicate these days to them.
Have a Happy Thanksgiving and a Happy Holidays!

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

Ulises