Central Plains Jun Report NASDAQ & Mothers No.099 January 10, 2023

・ Points ＜Nasdaq＞

Medium-to-long-term outlook (seeking a bottom of the 6.9-year and 26-month cycles. Possibility of Oct 13, 2022)

The 6.9-year cycle started in February 2016. There is a possibility that Oct 13 was a 6.9-year bottom and the third 28-month cycle bottom. However, a reasonable bottom of the 6.9-year cycle would be around January 2023 ±14 months, so the bottom of the 6.9-year cycle could also occur in the week of Mar 18, ±4 weeks (Feb 20 to Apr 13). Currently, the possibility of further declines is increasing.

・ Points ＜TSE Mothers＞

Medium-to-long-term outlook (46-month cycle consists of three 15-month cycles or two 23-month cycles. The third 15.3-month cycle has started)

The 15-month cycle bottom is assumed to be Oct 3. January is the third 15.3-month cycle in the 46-month cycle's third 15.3-month cycle. If this scenario holds, it is bullish, but be aware that the bottom of the 15-month cycle can still be as late as around March.

For more details, please refer to the PDF file.

＊ Unauthorized copying or distribution of our reports constitutes a breach of contract. If any breach is discovered, legal action may be taken, so please be aware. Also, distribution may be discontinued even within the subscription period. Thank you for your understanding and cooperation.