Macro Outlook - 22 December 2025

Macro Outlook Dec 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.

US Dollar Up (80D trough). Gold Down (->80D peak). Oil Up (80D trough). Copper Down (80D peak). USDJPY Up (80D trough). EURUSD Up (80D peak). SPX E-minis Down (40D peak). Nikkei Down (80D peak). Bitcoin Up (40D trough).

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.

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Christopher Grafton CMT

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