Central Plains Jyun Report (Dow Jones Industrial Average / Nikkei Average) No.178 November 28, 2022
・Point
Medium- to long-term outlook (the third 15.5-month cycle is rising) 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 bottom of the 24-month cycle started in June, and the 15.5-month cycle also bottomed on October 13. It aims to rise toward January–April 2023.
・Point
Medium- to long-term outlook (entering a rising 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 in March, price below 25,280). It is also assumed that the second 15.5-month cycle bottomed on October 3. However, there remains a possibility that another PC targeting February 2023 could enter.
For details, please refer to the PDF file.
* 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 of this report and the publisher do not take any responsibility for the decisions of participants in the market. Regardless of the name, spot, futures, and options trading are considered high risk.
* This report is for information purposes and does not constitute a buy/sell recommendation.