Zhōngyuán Jùn Report Nasdaq & Mothers No.025 June 14, 2021
1. Points
1. Mid- to long-term outlook (March 2021 is the 13-month cycle bottom. Whether it rises toward the year-end, though a ranging market may also occur due to the influence of the year "1")
The long-term cycle started in February 2016, and the price target high is June 2021 +/- 1 year, with a price range of 12,174 (9,481–17,404). A true top-out has not yet been confirmed. The March 2021 13-month cycle bottom suggests that, if bullish, the rally could extend from September 2021 to February 2022, overlapping with the high-price period in synthetic cycles. However, there remains the possibility of a ranging market due to the tendency of the year "1".
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