Central Plains Jun Report (DJIA - Nikkei Average) No.170 October 3, 2022
・Point
Medium- to long-term outlook (declining toward a 15.5-month cycle bottom) unchanged
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 a 15.5-month cycle bottom is expected around November, so a sharp drop is underway. However, it is in the orbit of the 15.5-month cycle, so a reversal is possible at any time.
・Point
Medium- to long-term outlook (the rise of the second 24-month cycle ends, and the 15.5-month cycle declines) unchanged
The 24-month cycle bottomed on March 9. Time and price targets have been met (time within March ±3 months, price at or below 25,280). The second 24-month cycle's first PC, but the 15.5-month cycle is exerting strong downward pressure.
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* This report is for information purposes only and does not constitute buy/sell recommendations.