Chūgen Shun Report NASDAQ & Mothers No.042 October 11, 2021
1. Points
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1. Mid to long-term outlook (March 2021 is the 13-month cycle bottom. It may rise toward the end of the year, but the year 1’s influence could also result in a ranging market)
From February 2016, a long-term cycle started. The high target is June 2021 ±1 year, price 12,174 (9,481–17,404). The top has not been fully confirmed yet. March 2021 is the 13-month cycle bottom. In a bullish scenario, it would rise from September 2021 to February 2022, overlapping with the high-price time zone in synthetic cycles. However, due to the seasonality of year 1, a peak could occur at any time.
2. Short-term outlook (the 12th week of the new 22.3-week cycle. HPC bottom on October 4)
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