Central Plains Shun Report NASDAQ & Mothers No.106 February 27, 2023
・ Points
Mid- to long-term outlook (bottom of the 6.9-year and 26-month cycle on Oct 13, 22)
The long-term downtrend since November 2021 has ended. It is highly likely that the 6.9-year cycle bottom occurred on Oct 13, 22. However, since an appropriate bottom for the 6.9-year cycle could be around January 2023 ±14 months, there remains a slight possibility that the next HPC bottom could be the week of Mar 18 (Feb 20 to Apr 13) within ±4 weeks, which would be the bottom of the 6.9-year cycle. But based on the weekly chart shape, that possibility is unlikely.
・ Points
Mid- to long-term outlook (a 46-month cycle could be 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. In February, the third 15.3-month cycle of the 46-month cycle is in its 4th month, so there should still be upside potential. From March to April, optimism remains. However, please note that the bottom of the 15-month cycle could still be acceptable for roughly up to around March.
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