Dow Outlook: November 14, 2014

 | Nov 14, 2014 05:16AM ET

Dow 30 made a new all-time high last night (17.560). The trend is very bullish as long as price remains above 17.500. Below 17.500, next big level of support is @ 17.280, which is the September high. The market is clearly “overbought” here, but we have to respect the trend.