Macro Outlook - 21 July 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 will hold off on S&P500 E-minis (ES). We need a little more price action to evaluate the 80 day cycle peak zone test we have been looking at last week.