Weekly Shun Nakahara Report

The legendary investor who survived the Great Depression, W.R. Gann (1878–1955), established the market analysis method known as the Gann Theory.

As the leading figure of this theory in Japan, even in our company’s financial daily investment report, which features a front-page special on Gann Theory, current trader Shun Nakahara analyzed the NY Dow, Nikkei Stock Average, foreign exchange (USD/JPY, EUR/USD), gold, and crude oil from the Gann Theory perspective.

The Investment Daily, which issues analysis reports by R. Meriman that read markets through “Cycles and Technicals, Astrology,” has decided to publish a weekly report on the NY Dow and and Nikkei Stock Average analyzed from Nakahara’s Gann Theory perspective.

Shun Nakahara Profile
Grew up in a speculative family with a grandfather who made his fortune at Sony and a mother who did so at Pioneer.
With more than 20 years in markets, he is a well-known genuine trader who is proficient in the strategies of Larry Williams and Tom DeMark; his techniques are widely recognized. There are many aspects of the “Gann Theory” that are not readily taught in investment methods, and in the United States, there are many “Gann seminars” whose tuition alone can amount to several million yen. Nakahara is known as one of the few specialists in Gann Theory studies who has attended these seminars in Japan. He is also famous for rarely appearing in the public eye.

We will make publicly available as a special free release the long-term outlook for August 31, 2020 issue.

Medium-to-long-term outlook (March 2020 marks the 12-year cycle bottom. Further declines are expected to be shallow due to policy effects)Change

The medium-to-long-term outlook follows the pattern of a zero-year wave; the February peak-out. Subsequently, the 3–4 year cycle’s 3–15.5 month sub-cycle is shortened to nine months by policy effects, and the 12-year cycle also bottoms out in March. If this interpretation is correct, the NY Dow is entering a strong upward wave aiming for March 2021. Short-term declines are also expected to be shallow due to policy effects.

Medium-to-long-term outlook (the low on March 19 is the bottom of the long-term market cycle) No change

The 15.5-month cycle and the 4-year cycle bottomed in March at their target times. With the long-term cycle bottomed out, the first 15.5-month cycle remains bullish. However, 2020 may see a deeper pullback due to the downtrend in the 4-year cycle and a “zero” year (very bearish).