Dow Jones Wave Analysis – 24 March 2025

Dow Jones: ⬆️ Buy

– Dow Jones reversed from support zone

– Likely to rise to resistance level 43000.00

Dow Jones index continues to rise inside the short-term correction iv which started earlier from the support zone located between the support level 41000.00, lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from August.

The active correction iv belongs to the C-wave of the extended ABC correction (4) from the start of December.

Given the long-term uptrend, Dow Jones index can be expected to rise to the next resistance level 43000.00.