To New Highs: unknown territory

DJ Resistance:  16.998.70  All-time record high
                            16.956.07  All-time close high

DJ Support:       16.818
                           16.743       May peak now strong support
                           16.580       Strong
                           16.312       Strong
                           16.015       Very strong

Technical Analysis:
The DJIA, S&P and NASDAQ COMPOSITE are doing an extraordinary performance. DJIA did a new record high but closed just below it. The S&P got a new historical high and closed at that level SP1.979. NASDAQ Composite closed at its best level in fourteen years.
The DJIA has supported in an excellent way at DJ16.743, May peak and breakout level, last Thursday. This bounce up, technically, confirms the technical up trend and it wows to fight to achieve new highs (watch the hourly chart). That means that buyers come in technical levels. We saw new record high today.
Volume increased in the last three sessions that is good for the trading and technical.
The three Moving Averages 20, 50 and 200 days support the uptrend acting.
The trend is clearly up, it is very possible to get a "Summer Rally".

Please click over the charts to enlarge them

Fundamentals:
The last economic news are supportive for the economy or at least neutral.
The markets are going to get important news this short week, Friday is Independence Day: EDP Employment tomorrow, ISM Services, Unemployment Rate and Non-Farm Payroll for June on Thursday among others like Factory Orders on Wednesday. All of them could catalyzed the markets to a new highs as well as they can trigger the correction.

Dear traders and investors, I feel comfortable with the S&P target to SP2000.-. I would like to avoid typing too much because the path in front of us is clear.

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

Ulises