Macro Outlook - 22 April 2025

Macro Outlook Apr 22, 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.

Gold is still pushing towards its 40 week cycle peak. Oil and Copper are reaching for counter-trend 40 day cycle peaks. SPX, NKY and 10 year treasury futures still heavy. Bitcoin counter-trend advance not likely to exceed 95,000.

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.