ASX 200 (Australian Index futures) - 19 February 2025
You will come across specific terms in these notes (FLD, VTL, and so on). Rather than explain them each time, you will find definitions here: guidance notes for Hurst cycles terminology.
ASX 200 (Australian index) futures - long term entering an 18 month cycle peak zone; near term looking for a counter-trend 80 day cycle bounce and fade.
Weekly: Price is still in the 18 month cycle that started up in November 2023 and is due to bottom mid-May 2025. The cycle is mature at 15.6 months along the recent average 18 month cycle wavelength of 18.3 months (85%) and we are in the peak zone: intermediate term upside is limited. The next 18 month cycle trough is expected to be comparatively shallow and not lower than 8,000 - we will stalk nearer the time - since the underlying trend to the 18 month cycle is still up, which is evident in the strongly right translated peaks.
