Central Plains Running Report Nasdaq & Mothers No.107 March 6, 2023

＜Nasdaq＞

Medium- to long-term outlook (Bottoms of the 6.9-year and 26-month cycles on October 13, 2022)

The long-term downtrend since November 2021 has ended. It is highly likely that the 6.9-year cycle bottom occurred on October 13, 2022. However, since the proper bottom of the 6.9-year cycle is around January 2023 ±14 months, there remains a slight possibility that the next HPC bottom could be in the week of March 18, ±4 weeks (February 20 to April 13), which would be the bottom of the 6.9-year cycle. Still, the weekly chart suggests this possibility is small.

＜TSE Mothers＞

Medium- to long-term outlook (46-month cycle: either 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 October 3. February should still have room for upside as the fourth month of the third 15.3-month cycle of the 46-month cycle. From March to April, the outlook is bullish. However, please note that the bottom of the 15-month cycle could still be within roughly March's range.

For details, please refer to the PDF file.

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