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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.
Source: https://fxpro.news
