Central Plains Shun Report (NYSE Dow Jones Average / Nikkei Average) No.169 September 26, 2022

・Points

Medium- to long-term outlook (despite being the second-phase pattern starting from March 2020, the 15.5-month cycle bottom is approaching) No change

The first 4-year cycle is a combination pattern of two 24-month cycles and three 15.5-month cycles. The rise from the 24-month cycle bottom started in June, but as the 15.5-month cycle bottom is expected around November, there is a temporary sharp drop. If the second 24-month cycle is bullish, there is a possibility to maintain an uptrend until around March next year.

・Points

Medium- to long-term outlook (the rise of the second 24-month cycle ends and the 15.5-month cycle declines) No change

The 24-month cycle bottomed on March 9. Time and price targets are achieved (time within roughly ±3 months of March, price at or below 25,280). It is the first PC of the second 24-month cycle, but we are entering a time zone where the 15.5-month cycle begins to exert downward pressure.

＊ This report does not guarantee the accuracy of future prospects or profitability. Traders and readers of the report should trade at their own risk. The author and publisher of this report assume no responsibility for the decisions of any market participants. Regardless of the name, physical, futures, and options trading are considered high risk.

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