Central Plain (Nikon) Report (NYSE Dow Jones Average - Nikkei Average) No.174 October 31, 2022

・Point

Medium- to long-term outlook (moving toward a 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 began in June, and the 15.5-month cycle bottom may bottom out on October 13.

・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 out on March 9. Both time and price targets have been met (time within March ±3 months, price below 25,280). The first PC of the second 24-month cycle saw the 15.5-month cycle exert strong downward pressure but did not form a new low. However, there remains a possibility that another PC could enter.

Please refer to the PDF file for the continuation.

＊ This report does not guarantee the accuracy of future outlooks or profitability. Traders and readers of the report should trade at their own risk. The author and publisher of this report do not bear any responsibility for the decisions of any market participants. Regardless of the asset, physical, futures, and options trading are considered high-risk.

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