Dow Futures Breakout Signals Start of New Bullish Phase
Dow Futures ended its correction and extended higher, completing wave 1 and wave 2 as a zigzag pattern, according to Elliott Wave analysis.
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Elliott Wave analysis indicates that Dow Futures have broken out of their correction phase, which began from the cycle low of March 30, 2026. The rally from that low completed wave 1, and the subsequent pullback in wave 2 unfolded as a zigzag Elliott Wave pattern. The breakout signals the start of a new bullish phase, with prices extending higher.
Source: FXStreet Forex News