S&P, DJIA, NASDAQ: Bull Trend

DJ Resistance:  21,681.83  All-time high
                           21,640.75  All-time close

DJ Support:      21,535       June peak
                           21,500       20 Days moving average
                           21,305
                           21,280       50 Days moving average
                           21,200
                           21,115      Strong breakout
                           20,980
                           20,800
                           20,590
                           20,400       Very strong
                           20,210       200 Days moving average
                           20,125       January peak
                           20,000
                           19,732
                           19,678       January low

Technical Analysis:
S&P got a new all-time high in its way to SP2,500. DJIA is lagging but its trend is bullish. NASDAQ COMPOSITE also is in its all-time high.
DJIA next resistances are DJ2,640.72 Dow's record close and DJ21,681.53 all-time high. Supports are between DJ21,500 to DJ21,535, June peak.
The three indexes remain bullish and have gotten its all-time high in July. We don't see selling pressure in those levels.
Next targets: S&P 2,500, DJIA 21,785

Please click over the chart to enlarge it.

 Fundamentals:
In young bull markets it is easy to buy in the low prices and the surging corporate earnings will feed the stock prices. In a mature bull market the stock price increase comes from the corporate rate earnings growth precisely and it is the result of the economy. 2013 stock market was young bull, now we are in a mature bull market with fair value achieved. Currently the best place to have the investments is in the stock market achieving between 5 and 10% per annun instead 2 and 3 % p.a. from the bond market.
We are going to have almost 1,000 corporation reporting this week. It is very important for every corporation because it will determine their prices and future perspective, it is in the individual vue and for the industry segments.
The market doesn't need the complete data to take decisions, it takes them with a sample data. The economy has previously announced to be in a good shape. It is enough to drive the stock market in the bull trend.
Today we have to pay attention to the FOMC at 2 p.m.

Dear traders and investors, we are in the bull trend having the summer rally, slow but it is. I am worry about the summer doldrums, the operations volume had notably increased this year because money is coming to the stock market, how would it be during the summer?

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