Thu, Apr 09, 2026 23:07 GMT
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    HomeLive CommentsDOW surges to new record high, target 28461 projection level next

    DOW surges to new record high, target 28461 projection level next

    ActionForex
    By ActionForex

    DOW finally catches up with S&P 500 and NASDAQ and hits new record high today. Considering overall upside momentum in the markets, DOW should target 100% projection of 24680.57 to 27398.68 from 25440.39 at 28461.57. This will remain the favored case as long as 26918.29.

    The strong support from 55 week EMA is also a sign of medium term bullishness. Though, we’d still be cautious on near term topping as DOW approaches 61.8% projection of 15450.56 to 26951.81 from 21712.53 at 28820.30.

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