Central Plains Shun Report (DJIA and Nikkei Average) No.189 March 6, 2023
<NY Dow>
Medium- to long-term outlook (Third 15.5-month cycle is rising, but there is also a possibility that the top was on December 13) No change
First 4-year cycle is a combination pattern of two 24-month cycles and three 15.5-month cycles. From the bottoms of the 24-month cycle and/or the 15.5-month cycle bottoming on October 13, the rise is expected. Aiming for January–April of Year 23.
<Nikkei Stock Average>
Medium- to long-term outlook (rising during the third 15.5-month cycle, but be mindful of risks) No change
The 24-month cycle bottomed on March 9. Both time and price targets achieved (time within March ±3 months, price at or below 25,280). The second 15.5-month cycle also bottomed on October 3. Another target could be February 2023, though the current PC is weak and could extend.
Please see the PDF file for the continuation.
* This report does not guarantee accuracy of future prospects or profitability. Traders and readers should trade at their own risk. The author and publisher bear no responsibility for the decisions of any market participants. Regardless of the asset, spot, futures, or options trading are considered high-risk.
* This report is intended for information provision and does not constitute a recommendation to buy or sell.