Macro Outlook - 17 February 2025

Macro Outlook Feb 17, 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.

We are looking for an upside inflection in the US Dollar shortly and Oil and Bitcoin a little thereafter. Copper looks to have peaked and Gold is in a longer term topping structure. EURUSD looks to have limited upside. S&P 500 E minis should push higher.

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.