Christopher Grafton CMT

Chris has been involved in the markets for 20 years. He is the author of Mastering Hurst Cycle Analysis and is an experienced working technician. Chris holds the CMT qualification.

506 posts

Macro Outlook - 29 July 2025

The US Dollar has regained the longer uptrend in force. Gold is falling towards next 80 day trough. Oil and Copper are heavy. JPY approaching a 40 day peak. EUR collapsed out of an early 80 day peak. SPX 80 day peak zone. NKY already passed one. Bitcoin trying to base at 40 day trough. ...

2 days ago • 3 min read

Macro Outlook - 21 July 2025

We will hold off on S&P500 E-minis (ES). We need a little more price action to evaluate the 80 day cycle peak zone test we have been looking at last week. ...

10 days ago • 3 min read

Macro Outlook - 14 July 2025

The US Dollar looks to have formed a major low (40 week cycle), but there is some conflict with EURUSD analysis. S&P500 E-minis strategically still higher (see last week's analysis) but near term we look to be in an 80 day cycle peak zone ...

17 days ago • 3 min read

Macro Outlook - 7 July 2025

The US Dollar and JPY look to have turned a corner. ES is due a reset but the overall price path is ever higher. Bitcoin as well. Copper just put in an 80 day cycle peak and Oil is falling towards its next 40 day cycle trough ...

24 days ago • 4 min read

10 Year Treasury futures - 2 July 2025

10 Year Treasury futures (TY) - 80 day cycle peak in place? ...

a month ago • 1 min read

Macro Outlook - 30 June 2025

We continue to look for an 80 day cycle trough in the US Dollar and Japanese yen which we believe will lead to a macro rotation. Meanwhile ES, EUR, Copper and Bitcoin push higher ...

a month ago • 4 min read

US Dollar update - 26 June 2025

US Dollar - 80 day cycle trough has been pushed forward but is close ...

a month ago • 1 min read

Macro Outlook - 23 June 2025

The US Dollar looks to have rounded an 80 day cycle trough and is set to push. Conversely Gold and the Euro are heavy. S&P 500 E-minis are heading lower towards the next 80 day cycle trough, but Bitcoin is entering a 20 week cycle trough zone ...

a month ago • 3 min read

Macro Outlook - 16 June 2025

The US Dollar still looks heavy and price is being sucked down into an 80 day cycle low. S&P500 futures could very well be setting up for a burst higher. Oil is approaching a natural intermediate target around 80. Bitcoin is pushing tactically but a big trough is looming ahead ...

a month ago • 5 min read

Oil (WTI) update - 13 June 2025

Oil (WTI) - new 80 day cycle rising, but nearing first 20 day cycle peak. ...

2 months ago • 1 min read