I was surprised to see the breakout above 14,000 during Mondays session breaking the previous record close set only a few months ago. As well TheTechnicalTrader.net portfolio continues to close at new record highs Monday up 207% in total. Technically the DOW is looking extremely bullish as broke through resistance yet it is also becoming very overbought making it a risky time for entry long as a short term trader. The Dow closed up 192 points at 14,087 and futures are up ahead of the market signaling a possible continuation in the rally for today.

Yahoo Finance:
AP
Stock Futures Rise After Dow Hits 14,000
Tuesday October 2, 7:53 am ET
By Lauren Villagran, AP Business Writer
U.S. Stock Futures Rise As Investors Appear Poised to Extend Monday’s Rally
NEW YORK (AP) — U.S. stock futures rose Tuesday as investors appeared poised to extend a rally that sent the Dow Jones industrial average back above 14,000 and to a record close.The market, eager for more evidence to support the case for further interest rate cuts, will examine reports on September sales from the world’s top automakers. The calendar for economic data is otherwise expected to be light.
A report of weaker than anticipated manufacturing activity last month bolstered the case for an interest rate cut and was a partial contributor to Monday’s advance, in which the Dow gained nearly 192 points to close at 14,087.55, a new high. The blue chips returned to the 14,000 level for the first time since mid-July, before the credit market crisis began pummeling stock prices.
The Federal Reserve holds a two-day meeting beginning Oct. 30, when the central bank will decide whether to follow its Sept. 18 interest rate cuts with a further reduction.
Dow futures for December rose 24, or 0.2 percent, to 14,181. Standard & Poor’s 500 futures rose 2.10, or 0.13 percent, to 1,558.70. Nasdaq 100 index futures added 3.75, or 0.18 percent, to 2,139.00.