Central Plains Sprint Report (NYSE Dow Jones Average / Nikkei Average) No.200 May 22, 2023

NY Dow

Medium- to long-term outlook (the third 15.5-month cycle is rising, but an early breakout above the high of 34,712 on 22 Dec 2022 is required) 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 could occur in June, or the 15.5-month cycle could bottom out on Oct 13. Caution is needed as the 15.5-month cycle may have entered a period where it tops out.

＜Nikkei Stock Average＞

Medium- to long-term outlook (rising in the third 15.5-month cycle, but with attention to risk) 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. Targets are ① 30,795, ② 33,603–34,573, ③ 36,909, ④ 39,118. Be wary from around June 2023.

For details, please refer to the PDF file.

* This report does not guarantee the future outlook's accuracy or profitability. Traders and readers of the report should trade at their own risk. The authors and publishers of this report bear no responsibility for the decisions of any market participant. No matter the asset, physical, futures, or options trading are considered high-risk.

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