Technical analysis
Dow Jones Industrial Average Wave Analysis 11 March, 2021
March 11, 2021 @ 19:01 +03:00
• Dow Jones broke key resistance level 32100.00
• Likely to rise to resistance level 33000.00
Dow Jones Industrial Average Index recently broke through the pivotal resistance level 32100.00 (which stopped the previous impulse wave 1 at the end of February).
The breakout of the resistance level 32100.00 accelerated the active different length upward impulse waves 3 and (3).
Dow Jones Industrial Average Index is likely to rise further toward the next resistance level 33000.00 (likely price for the completion of the active impulse wave 3).