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.

511 posts

Macro Outlook - 19 May 2025

S&P500 futures just topped at 40 day cycle magnitude along with Nikkei futures and potentially Bitcoin. At this stage we are not looking for meaningful resets lower. The US Dollar is still constructive in our view and is merely looking for the first 40 day cycle trough at the moment ...

3 months ago • 4 min read

Macro Outlook - 12 May 2025

A meaningful rotation higher is underway with the US Dollar and USDJPY and perhaps anachronistically Oil. Equity indices higher, but nearing a 40 day cycle peak still. Gold we see in continued decline near term. ...

4 months ago • 4 min read

Macro Outlook - 6 May 2025

You will come across specific terms in these notes (FLD, VTL, and so on) ...

4 months ago • 4 min read

S&P500 E-minis - 1 May 2025

S&P 500 E-minis (ES) - on the way to extended 40 day cycle peak ...

4 months ago • 1 min read

Natural Gas - 29 April 2025

Natural Gas - counter-trend 80 day cycle kicks off ...

4 months ago • 1 min read

Macro Outlook - 28 April 2025

We see ES, NI, BTC and TY all in counter-trend 40 day cycle peak zones. The Dollar and USDJPY are trying to gain traction in new 80 day cycle upswings. Oil has merit for continued upside expansion, Gold looks to have peaked at a meaningfully high degree of magnitude ...

4 months ago • 4 min read

Macro Outlook II - 23 April 2025

DXY and EURUSD updates ...

4 months ago • 1 min read

Macro Outlook - 22 April 2025

Gold is still pushing towards its 40 week cycle peak. Oil and Copper are reaching for counter-trend 40 day cycle peaks. SPX, NKY and 10 year treasury futures still heavy. Bitcoin counter-trend advance not likely to exceed 95,000 ...

4 months ago • 4 min read

FTSE China Futures (XU) - 16 April 2025

FTSE China Futures - 80 day cycle in counter-trend upswing nearing maturity ...

4 months ago • 1 min read

Macro Outlook part II - 15 April 2025

We missed out S&P 500 futures, Nikkei futures and Bitcoin in the Monday note and here is our current stance ...

5 months ago • 3 min read