Dow Jones Wave Analysis – 25 April, 2022

• Dow Jones broke key support level 34130.00
• Likely to fall to support level 33000.00

Dow Jones index recently broke through the key support level 34130.00 (which stopped the previous waves a and c) intersecting with the 38.2% Fibonacci correction of wave B from February.

The breakout of the support level 34130.00 accelerated the active impulse wave C.

Dow Jones index can be expected to fall further toward the next support level 33000.00 (target for the completion of the active wave (i)).