Macro Outlook - 27 April 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 (20D trough). Gold Up (40D trough). Oil Up (->20D peak). Copper Up (->80D peak). USDJPY Up (80D trough). EURUSD Up (->20D peak). SPX E-minis Up (->40D peak). Bitcoin Up (->40D peak). Ten Year Notes Up (->40D trough).