Macro Outlook - 22 September 2025

Macro Outlook Sep 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 and USDJPY bouncing out of 80 day cycle troughs. Gold up. Oil struggling to confirm 80 day trough. Copper and EURUSD dropping to 80 day troughs. SPX, Nikkei, Bitcoin all formed 20 day troughs in new 20 week cycle. Ten year notes looking for 80 day cycle trough.

David Hickson

David is a writer, filmmaker and entrepreneur who has been trading financial markets for 30 years. He is the creator of Sentient Trader, the premier Hurst analysis software for professional traders.

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David Hickson

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