Sept 19, TA for DJI

From the TA chart, you should be able to spot something interesting - an upward trendline formation - a bullish formation. So are we really into a bullish momentum?
Read the articles below from seekingalpha, in general, the 4 macro-economic issues are still unresolved. Furthermore, EU is approaching the mid of Oct Date to deliver to Greece 7th loan. A delay or poor assessment of Austerity performance might swing the index.
A lack of obvious economic catalyze to push the stock higher. One thing we need to take note, is the volume needed to push the index to a new high, we are now approaching 50D MA, Classical Resistance and also trendline resistance.

http://seekingalpha.com/article/294198-what-could-go-right-for-stocks
 I like this article as it reminds us of the 4 macro economic issue

• - Proactive European Policy - The Europe Disaster
• - Proactive US Policy - Decelerating Economy
• - US Super Community - To reduce US debts
• - Negative Business/Consumer Sentiment - weak economy 

It needs a catalyze to break the current resistance level.

A 5 days of continuous winning, what is the probability of a pullback?

data from seekingalpha