Central Plains Hayato Report (NY Dow Average・Nikkei Average) No.202　 2023年6月5日

＜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 2022-12-13 is needed) 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 could occur in June, or the 15.5-month cycle could bottom out on October 13. It is important to note that we may be entering a period where the 15.5-month cycle tops out.

＜Nikkei Stock Average＞

Medium-to-long-term outlook (although in the rising phase of the third 15.5-month cycle, be mindful of risks) No change

The second 15.5-month cycle bottomed on October 3, 2022. As of June, we are in the 8th month of the third 15.5-month cycle. If the center shifts, it may top out; if bullish, it could explode. Targets are: ① 32,146, ② 33,603–34,573, ③ 36,249–909, ④ 39,118–776.

Please refer to the PDF file for more details.

＊ This report does not guarantee the accuracy of future outlooks or profitability. Traders and readers of the report should trade at their own risk. The author of this report and the issuer take no responsibility for the decisions of any market participant. Regardless of the asset, spot, futures, or options trading is considered high risk.

＊ This report is intended for information provision and does not constitute trading recommendations.