To dream that you are ascending in an elevator, signifies that you will quickly rise to status and wealth. You may have risen to a higher level of consciousness and are looking at the world from an elevated viewpoint.

Descending elevators in dreams are usually negative, suggesting repressed emotions or anxiety about losing social status. They can often symbolize that misfortunes will crush and discourage you.

The up and down action of the elevator may represent the ups and downs of your life go emerging out of and submerging into your subconscious.

To dream that the elevator is out of order or that it is not letting you off, symbolizes that your emotions have gotten out of control.