Dow Jones Wave Analysis – 12 May 2025

Dow Jones: ⬆️ Buy

– Dow Jones broke the resistance area

– Likely to rise to resistance level 43000.00

Dow Jones index recently broke the resistance area between the resistance level 42000.00, 61.8% Fibonacci correction of the downward impulse from February and the resistance trendline from the same month.

The breakout of this resistance area accelerated the C-wave of the active ABC correction (2) from the start of April.

Dow Jones index can be expected to rise to the next resistance level 43000.00 (former top of wave 4 from March).