Central Plains Shun Report (Nikkei Stock Average) Special Issue December 26, 2022

＜Summary＞

・The fourth and 4-year cycle started in March 2020, the first 24-month cycle bottom in March 2022. January 2023 is the 10th month of the second 24-month cycle

・If the second 24-month cycle is bullish, the rise could peak by the end of 2023, with potential center-transferred movement around March ±2 months; if bearish, a possible already-existing top may have occurred

・The second 24-month cycle becoming bullish and setting a new high is not entirely impossible, but the basic expectation is a rise to around 30,700–30,800, up to a double-top level. The pattern shows a high around New Year, lows from January to March, and a year-end high. However, only up to a double-top. After that, a sharp drop toward March 2024 is expected. This aligns with the “Year 3” pattern and syntheses as well

・If bearish, most of 2023 would see declines. The rebound would likely occur around March in the first half, and although there may be a rebound from June to August, the year as a whole would trend downward. Given the phase of the long-term cycle, this pattern is possible, so exercise caution

※January 2 issue will be published as a holiday issue. The next issue will be January 10.

Wishing you all a Happy New Year.

For more, please see the PDF file.

＊ This report does not guarantee future outlook accuracy or profitability. Traders and readers of this report should trade at their own risk. The author and publisher of this report accept no 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 provision and does not constitute a buy/sell recommendation.