Macro Outlook - 29 June 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 peak). Gold Up (80D trough). Oil Down (-> 80D trough). Copper Up (40D trough). USDJPY Down (-> 20D trough). EURUSD Up (80D trough). SPX E-minis Up (->20D peak). Nikkei futures Up (->40D peak). Bitcoin Up (20W trough). US Treasury Notes Up (80D trough).