Macro Outlook - 12 October 2026
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.
US Dollar Up (20D trough). Gold Up/Down (40D trough). Oil SmallDown (-> 80D trough). Copper Up (-> 20D peak). USDJPY Up (20D trough). EURUSD Down (-> 20W trough). SPX E-minis Up (-> 40D peak). Nikkei Up (-> 40D peak). Bitcoin Up (20D trough). US Ten Year Down (-> 20W trough).