Central Plains Shun Report (NYSE Dow Jones Average・Nikkei Average) No.203 2023-06-12

＜NY Dow＞

Medium- to long-term outlook (the third 15.5-month cycle is rising, but an early breakout beyond the high of 34,712 on 2022-12-13 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 may occur in June, or the 15.5-month cycle may bottom out on October 13. There is a caution that we may have entered a period where the 15.5-month cycle tops out.

＜Nikkei Stock Average＞

Medium- to long-term outlook (although in an upward phase of the third 15.5-month cycle, risks should also be noted) 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 centered, it tops out; if bullish, explosive. Targets are ① 32,146 (achieved), ② 33,603–34,573, ③ 36,249–34,09, ④ 39,118–776.

For continuation, please refer to the PDF file.

＊ This report does not guarantee accuracy of future outlook or profitability. Traders and readers of this report trade at their own risk. Neither the author of this report nor the issuer accepts any responsibility regarding the decisions of market participants. Regardless of the ticker, physical, futures, and options trades are considered high risk.

＊ This report is provided for informational purposes and does not constitute trading recommendations.

【Investment Daily Official YouTube Channel】features commentary by Mr. Hayato Nakaharaon Nakahara Shun’s Report commentary video (about 1 hour).

This is a weekly report on stock theories for the U.S. and Japan, with explanatory videos related to the “Nakahara Shun Report.”

The analyses covered in the report are

“Dow Jones Industrial Average / Nikkei Stock Average” and “Nasdaq / TSE Mothers.”