Central Plains Smooth Sailor Report (NY Dow Jones Average / Nikkei Average) No.199 May 15, 2023

＜NYSE Dow＞

Medium- to long-term outlook (the third 15.5-month cycle is rising, but an early breakout of the high on 22 Dec 2022, 34,712, is required) No change

The first 4-year cycle is a combination of two 24-month cycles and three 15.5-month cycles. The rise from the 24-month cycle bottom may occur in June, or the 15.5-month cycle may bottom out on Oct 13. It is important to note that the 15.5-month cycle may have entered a top-out period.

＜Nikkei Stock Average＞

Medium- to long-term outlook (rising phase of the third 15.5-month cycle, but beware of risks) No change

The 24-month cycle bottom was on Mar 9, 2022. The second 15.5-month cycle bottomed on Oct 3, 2022. The focus is on when the third 15.5-month cycle tops out. If a central transition occurs, be wary around June 2023.

Please refer to the PDF file for the continuation.

＊ This report does not guarantee the future outlook’s accuracy or profitability. Traders and readers of the report should trade at their own risk. Neither the author nor the issuer of this report assumes any responsibility for the decisions of participants in the market. Regardless of the stock, physicals, futures, and options trading are considered high-risk.

＊ This report is for information purposes and does not constitute buy/sell recommendations.