Nakahara Shun Report Nasdaq & Mothers No.072 May 30, 2022

・ Points

Medium to long-term outlook (the 6.9-year and 26-month cycles may have bottomed out on May 20)

From February 2016, the 6.9-year cycle began, formed by three 26-month cycles. May 20 is the central time zone for the 6.9-year and the third 26-month cycle bottom. However, since the 26-month cycle bottom-out window is May 2022 +/- 5 months, there remains a possibility that another PC could occur.

・ Points

Medium to long-term outlook (the 46-month cycle consists of two 23-month cycles, with the bottom-out time window approaching)

A new 46-month cycle began in April 2020. The 46-month cycle consists of two 23-month cycles this time. The target for the 23-month cycle is February 2022 +/- 4 months. In other words, from now to June 2022. Since a bottom has not yet formed, the 23-month cycle bottom has not occurred yet. The decline could continue until as late as July.

Please see the PDF file for the continuation.

＊ Copying or distributing our report without permission is a breach of contract. If any breach is discovered, legal action may be taken, so please be aware. Even if you are within the subscription period, we may discontinue delivery. Thank you for your understanding.

＊ This report does not guarantee future outlook accuracy or profitability. Traders and readers of the report should trade at their own risk. Neither the author nor the issuer of this report bears any responsibility for the decisions of participants in the market. Regardless of the instrument, spot, futures, or options trading is considered high-risk.

＊ This report is provided for information purposes and does not constitute a buy/sell recommendation.