Central Plain Shun Report (Dow Jones Industrial Average - Nikkei 225) No.193 April 3, 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 on 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 bottom of the 24-month cycle may occur in June, or the 15.5-month cycle may bottom out on October 13. Expected rise aiming for January–April of Year 23.
<Nikkei Stock Average>
Medium- to long-term outlook (rising during the third 15.5-month cycle, but with attention to risks) No change
The 24-month cycle bottomed out on March 9. Both time and price targets have been reached (time within March ±3 months, price at or below 25,280). The second 15.5-month cycle also bottomed out on October 3. However, there is also a possibility that another February 2023 target will be aimed for and the current PC may be extended with a bearish stance.
Please see the PDF file for the continuation.
* This report does not guarantee the accuracy of future outlook or profitability. Traders and readers of the report should trade at their own risk. The author and the publisher of this report do not take any responsibility for the decisions of each market participant. Regardless of the name, spot, futures, and options trading are considered high risk.
* This report is for information purposes and does not constitute a buy/sell recommendation.