Central Plains Shun Report NASDAQ & Mothers No.109 March 20, 2023

＜Nasdaq＞

Medium- to long-term outlook (6.9-year and 26-month cycle bottom on Oct 13, 2022)

The long-term downtrend since November 2021 has ended. It is highly likely that the 6.9-year cycle bottom occurred on Oct 13, 2022, from Feb 2016. However, since the reasonable bottom for the 6.9-year cycle is around Jan 2023 ±14 months, there remains a very slight possibility that the next HPC bottom could be around the week of Mar 18 (±4 weeks: Feb 20 to Apr 13). Nevertheless, based on the weekly chart shape, that possibility is small.

＜TSE Mothers＞

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

The 15.3-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 fourth month, so there should still be room for upside. From March to April, sentiment is bullish. However, please note that the bottom of the 15-month cycle may still be within roughly March.

To continue please refer to the PDF file.

* Copying or redistribution of our reports without authorization constitutes a breach of contract. If such breach is detected, legal action may be taken, so please be aware. Even during your subscription period, we may terminate delivery. We appreciate your understanding and cooperation.