DJIA Back Above 40K - Record Highs in Sight?

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The Dow Jones Industrial Average is rallying again today after strong retail sales and jobless claims data alleviated recession concerns.

The 30-stock index has now re-established itself above the psychologically-significant 40K level, opening the door for a bullish continuation toward the record highs near 41,250 next.

As long as 40K holds, the technical bias in the index will remain to the topside.

-MW

Feragatname

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