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    Dow Jones Wave Analysis

    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).

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