Central Plains Mandarin? Report (NY Dow Jones Average · Nikkei Average) No.176 November 14, 2022
・Point
Medium- to long-term outlook (declining 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 the 15.5-month cycle bottom may bottom out on October 13.
・Point
Medium- to long-term outlook (entering the rise phase of the third 15.5-month cycle) No change
The 24-month cycle bottomed on March 9. Both time and price targets have been reached (time within ±3 months of March, price below 25,280). It is assumed that the second 15.5-month cycle also bottomed on October 3. However, there remains a possibility that another PC aiming for February 23, 20XX, could enter.
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* This report does not guarantee the accuracy of future forecasts or profitability. Traders and readers of this report should trade at their own risk. The author of this report and the publisher do not assume 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 informational purposes and does not constitute a buy/sell recommendation.