Central Plains Shun Report NASDAQ & Mothers No.122 June 19, 2023
＜Nasdaq＞
Medium- to long-term outlook (Bottom of the 6.9-year and 26-month cycle on October 13, 2022)
The long-term downtrend since November 2021 has ended. The 6.9-year cycle beginning in February 2016 bottomed on October 13, 2022. However, since the sensible bottom of the 6.9-year cycle is around January 2023 ±14 months, the possibility of a further push to the end of 2024 has not completely disappeared, but that possibility is fading more and more.
＜Tokyo Stock Exchange Mothers＞
Medium- to long-term outlook (the 46-month cycle is a composite of the 15-month and 23-month cycles. Caution for a top in the long-term cycle)
June 2023 is the 12th month of the second 23-month cycle and the 8th month of the third 15.3-month cycle. If the 46-month cycle’s third 15.3-month cycle and the second 23-month cycle center transit, the top could occur anytime from May to August 2023. Going forward, the focus is on when the top of the rising 15.3-month cycle will occur. The final bottom is expected around March 2024.
For more details, please refer to the PDF file.
* Copying or distributing our reports without authorization constitutes a breach of contract. If such breach is detected, legal action may be taken, so please be aware. Also, even within your subscription period, we may terminate delivery. Thank you for your understanding and cooperation.
