April: fuel for the stock market?

DJ Resistance:  16.588,25  All-time high
                            16.576.66  All-times closing high
                            16.520

DJ Support:        16.174       November's peak
                            16.040       Strong
                            15.721       Very strong
                            15.340,23  Strong

Technical Analysis:
DJIA closed March at DJ16.457 which is two months closing high after having been consolidated during this period.
Finally today, the DJ had the conviction to attack the strong resistance at DJ16.520 and closing slightly above that level. S&P did new record high.
This time NASDAQ is lagging DJIA and S&P
The DJ has consolidated during the last six weeks in the range DJ16.040 to 16.500. The upper limit was broken this Tuesday and the DJ has to overcome its all-time high DJ16.588,25 to get new territories.
The DJIA and S&P are facing a new potential "V" reversal where de vertex are at the February's low, DJ15.340.23 and S&P1.740 as indicated on February 18th. update. Remember the last DJ "V"Reversal had its vertex on the October's low and it worked perfectly. This break up could last 1.000 DJ points.
Technically the U.S. stock market remains bullish and ready to go higher in April.
The technical analysis does not read the future, it analyses the market behavior at the moment comparing with history.

Please click over the charts to enlarge them

Fundamentals:

Well, we have begun the month of April. Technical analysis points to the upside clearly and is showing momentum.

Fundamentals are mixed. We have to get the U.S.A PBI first quarter figures and determine the bad weather influence on them.

First quarter earnings season is going to begin in 15 days and I think it is going to bring fuel to the market. Meanwhile, we are going to get important economic news this week: Wednesday ADP employment, Thursday ISM Services and Friday March employment figures. They can spark an up or down movement in the stock market, please work accordingly to supports and resistances. No emotions!

Waiting for the PBI first quarter the tilt is up. We are not fortune teller, we look for information, analyze it, study it and get conclusions.

Dear traders and investors, go to April's battle with cold mind. We are waiting for this from three weeks ago.

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