Hurst Cycles Notes
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Macro Outlook - 26 January 2026

Macro Outlook Jan 26, 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 Down (->40D trough). Gold SmallUp (->40D peak). Oil Up (->80D trough). Copper Up (->80D peak). USDJPY Up (40D trough). EURUSD Up (->40D peak). SPX E-minis Down (-> 80D trough). Bitcoin Up (80D trough). Ten Year Notes Up (->40D 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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