Central Plain Kapur Report Temporary Issue May 13, 2021
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1. Points
<NY Dow>
1. Medium- to long-term outlook (March 2020 is a 12-year cycle bottom. Currently forming a 15.5-month cycle bottom) Change
4-year cycle and 12-year cycle bottomed in March. The NY Dow had a sharp uptrend aiming for March–June 2021, but at least the top of the 15.5-month cycle has been confirmed. After the top, a 2–3 month correction will follow, so avoid hasty actions.