Macro Outlook

Our weekly Macro Outlook newsletter is posted every Monday morning (or the first trading day after). Updates are posted during the week as market action unfolds.

212 recent Macro Outlook posts available

Macro Outlook - 20 October 2025

US Dollar Rest/Up (40D trough). Gold Rest/Up (80D trough). Oil Down/Reverse (80D trough). Copper Down (80D trough). USDJPY Up (40D trough). EURUSD Up/Down (20D peak). S&P500 Up (40D trough). Nikkei Up (20D trough). Bitcoin Up (40D trough). Treasuries Down (40D peak). ...

2 days ago • 3 min read

Natural Gas - 15 October 2025

Natural Gas - Approaching a counter-trend 20 day cycle trough. ...

7 days ago • 1 min read

Macro Outlook - 13 October 2025

US Dollar and JPY continue higher, but nearing 40 day peak. Gold pushing but in 80 day peak zone. Oil possibly in 80 day trough. Euro pushing lower to 80 day trough. S&P500 and Bitcoin 40 day troughs just in? Nikkei looking for 20 day trough. ...

9 days ago • 3 min read

Macro Outlook - 6 October 2025

USD major new cycle and JPY breakout. Gold pushing, but nearing 80D peak. Copper nearing 40D peak. EUR and 10 years failed 80D cycles? SPX e-minis and Nikkei still pushing higher. ...

16 days ago • 3 min read

Macro Outlook - 29 September 2025

US Dollar and USDJPY moving into 20 day cycle troughs. Gold still up. Oil down into 40 day trough. Copper and EURUSD possible early 80 day troughs. SPX and Nikkei 40 day troughs next. Bitcoin formed early 40 day trough. Ten year notes need confirmation of 80 day cycle trough. ...

23 days ago • 4 min read

Macro Outlook - 22 September 2025

US Dollar and USDJPY bouncing out of 80 day cycle troughs. Gold up. Oil struggling to confirm 80 day trough. Copper and EURUSD dropping to 80 day troughs. SPX, Nikkei, Bitcoin all formed 20 day troughs in new 20 week cycle. Ten year notes looking for 80 day cycle trough ...

a month ago • 3 min read

Macro Outlook - 15 September 2025

US Dollar and USDJPY being pulled lower by coming 80 day cycle trough. Gold up. Oil bottoming? Copper soft then push again. EURUSD pushing to 80 day cycle peak. SPX, Nikkei, Bitcoin all take off in new 20 week cycle upswing. Ten year notes: 80 day cycle peak in ...

a month ago • 3 min read

Macro Outlook - 8 September 2025

US Dollar one push down to 80 day cycle trough. Gold 40 day cycle peak zone. Oil looks like 80 day trough zone. USDJPY struggling. EUR last push then down. SPX e-minis question-mark over 80 day trough location. Bitcoin 80 day cycle trough a little lower but close ...

a month ago • 3 min read

Macro Outlook - 2 September 2025

Gold, EURUSD both in 40 day cycle peak zone. US Dollar, Oil, Copper, USDJPY forming pro-trend 20 day cycle troughs. SPX E-Minis, 10 Year Treasuries at 80 day cycle peaks. Nikkei to 40 day cycle trough zone. Bitcoin 80 day cycle trough forming. ...

2 months ago • 3 min read

Macro Outlook - 26 August 2025

The US Dollar, USDJPY and Oil look to be rounding a 40 day cycle trough zone and Gold a 20 day. EURUSD looks to have just stalled at a 40 day cycle peak. We think that the Nikkei and S&P500 have peaked at 80 day cycle magnitude along with Bitcoin. ...

2 months ago • 3 min read