Central Plains Sun Report (Dow Jones Industrial Average - Nikkei 225) No.191 March 20, 2023
<NY Dow>
Medium- to long-term outlook (the third 15.5-month cycle is rising, but there is also a possibility that the top was December 13) No change
The first 4-year cycle is a combination pattern of two 24-month cycles and three 15.5-month cycles. The rise from the 24-month cycle bottom is expected in June, or the 15.5-month cycle may bottom out on October 13. The base expectation is a rise aiming for January–April of Year 23.
<Nikkei Stock Average>
Medium- to long-term outlook (rising phase of the third 15.5-month cycle, but mindful of risk) No change
The 24-month cycle bottomed on March 9. Both time and price targets are met (time within March ±3 months, price below 25,280). The second 15.5-month cycle also bottomed on October 3. There is also a possibility that February 2023 will be targeted again and the current PC might extend due to a weak trend.
For more details, please see the PDF file.
* This report does not guarantee the accuracy of future outlooks or profitability. Traders and readers of the report should trade at their own risk. Neither the author nor the publisher shall be responsible for the decisions of any market participants. Regardless of asset type, spot, futures, and options trading are considered high-risk.
* This report is for informational purposes and does not constitute buy/sell recommendations.