Dow Jones, forecast 30.09.2022. – Analytics & Forecasts – 5 October 2022

Fractal structure, time period 1 week.

DJI_2022.09.30-W

Considering the fractal structure of the Dow Jones index chart that formed on September 30, 2022, constructed with a 1-week time frame, it can be assumed that a fractal has formed in the structure fractal, indicated in bright pink, which is the 1st segment of a higher-order fractal, indicated in the graphs in olive.

In this case, the next dynamics of the values โ€‹โ€‹of the Dow Jones index will occur in an uptrend as part of the formation of the 2nd segment of the olive fractal, after which the downtrend will continue towards the mark of the 18,000 points.

The olive fractal formed in this way will be the 3rd segment of the higher order fractal, which is marked in red, and that will form the 1st segment of the even higher order fractal, which is marked in blue.

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