Central Plains Shun Report (NYSE Dow Jones Average · Nikkei Average) No.204 June 19, 2023

＜NYSE 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 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 could bottom out on October 13. If centering-transit occurs, be aware that we may have entered the time zone where the 15.5-month cycle tops out.

＜Nikkei Stock Average＞

Medium- to long-term outlook (rising during the third 15.5-month cycle, but with attention to risks) No change

The second 15.5-month cycle bottomed on October 3, 2022. As of June, it is the 8th month of the third 15.5-month cycle. If centering-transit occurs, it could top out; if bullish, explosive. Targets are ① 32,146 (achieved), ② 33,603–34,573, ③ 36,249–909, ④ 39,118–776.

Please refer to the PDF file for continuation.

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

＊ This report is intended to provide information and does not constitute buy/sell recommendations.