Dow Jones, fractal construction (time-frame 1 Day / 03/31/2022).
Bearing in mind the fractal construction of the Dow Jones index chart that was fashioned on March 31, 2022, constructed with a time-frame of 1 day, it may be assumed that the formation of the third phase of the fractal, which is indicated in pink on the chart.
The third phase of the pink fractal is a fractal of a smaller order, marked in blue on the chart.
The first phase of the blue fractal was fashioned on the time interval (01/03/2022, 02/24/2022), on the chart it’s indicated by a pink fractal.
The 2nd phase of the blue fractal was fashioned on the time interval (02/24/2022, 03/29/2022), on the chart it’s indicated by an olive fractal.
Given the above, we will say that the upcoming dynamics of the Dow Jones index shall be downward in the direction of the extent of 20,000 factors as a part of the formation of the third phase of the blue fractal.
The completion of the blue fractal, which might happen round 05/18/2022, will imply the completion of a fractal that’s one order of magnitude greater, which is indicated on the chart in pink on the time interval (09/02/2021, 05/18/2022).
After the completion of the downward directed pink fractal, the formation of an upward directed fractal within the course of 26,000 factors will comply with.
