NO PULLBACK IN DOW JONES AND S&P 500 ON SIGHT- BULLISH SENTIMENT

The stock Market is throwing us just bullish sentiment as I can see in this 3 weeks chart of the S&P 500, there is no pullback in sight and the tendency or trend is breaking out the 3 support levels creating a new higher high at 980 points. It is a momentum indicator at least for the short term. So I am taking advantage of the momentum but cautioning of a cruel reverse sometime in the future but not now.

I have been buying since March with good results my portfolio has increased roughly about 60% since then with companies like BAC, INTC, STX, JAVA, TSL, VWO and there are some companies from India and other emerging markets that are tempting me. I am confident this tendency will continue another instance is the Dow Jones Chart for 3 weeks showing me a good momentum maybe not for entering but for continue but pretty cautious.

There is no pullback for the Dow Jones and technically breaking all resistance.

DOW JONES HAS SOARED 35% IN JUST 5 MONTHS

INDICATORS TELLING IT MAY BE THE NEXT NEW BULL MARKET. DOW JONES INDUSTRIAL HAS SOARED 35% IN JUST 5 MONTHS.

Market is Behaving very Bullishly

July is almost Finished and awesome for the bulls and I. The bulls are in Charge again with me included Dow jones rallied again almost 4% the week between the 20th and the 24th (I heard technicians yesterday that Dow Jones is up 34.5% in just five months and is the fastest rally since 1975)
Last week rally was pushed by good news of earnings reports of some companies as the outrageous Goldman sachs, Apple, BAC, Ford, about this company I remeber a share of Ford was 3$ in march 2009 crowded and speculated by Banckrupcy news surrounded, But the company now is almost 7$. I dont expect it go further in price al least for now of course. But, could you imagine how much money may someone had made betting and buying Ford at 3$ in March and selling right away in this July, By the way I dont want to remeber this episode today.
The Power in this rally seems to continue embraced by optimism of the Markets and emerging markets like China giving a hand to this rally eventhough, the fundamentals are not giving good news at all. On the other hand Tech companies are rallying and obviously the Nasdaq as well. I owned some tech companies like INTC intel, STX Seagate Technologies, NVDA Nvidia since march and they have given much happyness and confort, furthermore, they made up my decision to continue getting tech stocks as a diversification in my portfolio.

Recently, I got another one. Emerging Market ETF VWO, I know that I delayed so much in the decicion for this acquistion, VWO is a big rumor recomendation this ETF is betting in almost 480 companies in emerging markets like China, India, Russia and Brasil and of course is a must in my portfolio.

Well, lets see what happen further next week of july and just follow the trends, cause they never made mistakes, I always respect traders quote "Trend is Your Friend" and it is of course, sometimes news may be manipulated by institutions but trends in the market.
I expect this rally go further, volumen has increased enormously, news are improving, fundamentals will improve anyway at any moment so there is enough reason to continue to be in. Bad days are behind us housing shows signs of improvement, leading indicators tell the truth and it looks like we have already bottoned out but caution market is in fair value range right now and it turns pretty dangerous for new jumpers. The market is telling us that we have to be in. Good Luck Bulls in your trades.