
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.
Macro Outlook
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. ...
Macro Outlook
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 ...
Macro Outlook
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 ...
Macro Outlook
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 ...
Macro Outlook
Macro Outlook - 4 August 2025
The US Dollar is testing the first 40 day trough in the new 40 week cycle. Gold looking for an 80 day trough. Oil and Copper moving into 20 week troughs. JPY has formed the 40 day peak. EUR at a critical juncture for the 80 day cycle. SPX, NKY and Bitcoin declining into 20 week troughs ...