Hurst Cycles Notes
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Macro Outlook - 25 August 2026

Macro Outlook Aug 25, 2026

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 (-> 40D peak). Gold Up (-> 20D peak). Oil Down (-> 20D trough). Copper Up (-> 40D peak). USDJPY Up ( 20D trough). EURUSD Down (->80D trough). SPX E-minis Up (20D trough). Nikkei futures Up (20D trough). Bitcoin Up (-> 20D peak).

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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