Central Plains Shun Special Report November 12, 2020 ☆☆ NASDAQ and Mothers Index ☆☆
1. Points
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1. Medium to long-term outlook (there is a possibility of a top-out, but more appropriately it is expected to rise from January to March 2021)
Since February 2016 a long-term cycle has started, and both are upward waves. The target high is June 2021 ± 1 year, i.e., current to June 2022, with price around 12,174 (9,481–17,404). The time frame and price range for this high are satisfied, but it is not expected to top out until around January 2021, and prices should rise again above 12,000. The high-timeframe for synthetics is also around January 2021.
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1. Short to medium-term outlook (just bottomed a 46-month cycle. There may be a short-term pullback, but the long-term bullish trend remains)
From April 2020, a new 46-month cycle and a new 15.3-month cycle have started. The average upward period is 24 ± 4 months (19–28 months). From April 2022 (January–August 2022), the bullish trend continues, but the synthistics caution timeframes are from September to December.