Central Plains Shun Report (NYSE Dow Jones Average / Nikkei Average) No.171 October 11, 2022
・Point
Medium- to long-term outlook (downward toward the 15.5-month cycle bottom) 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 a 15.5-month cycle bottom is expected around November, so a sharp decline is in progress. However, since it is entering the 15.5-month cycle orbit, there is a potential for reversal 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) No change
The 24-month cycle bottomed on March 9. Time and price targets have been achieved (time within March ±3 months, price below 25,280). The first PC (price cycle) of the second 24-month cycle formed a new low despite the 15.5-month cycle exerting strong downward pressure. However, there remains a possibility that another PC could enter.
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* This report does not guarantee the accuracy of future outlooks or profitability. Traders and readers of this report should trade at their own risk. The author and the issuer of this report do not take any responsibility for the decisions of any market participants. Regardless of the asset, spot, futures, and options trading are considered high risk.
* This report is intended to provide information and does not constitute trading recommendations.