Macro Outlook - 29 September 2025

Macro Outlook Sep 29, 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 moving into 20 day cycle troughs. Gold still up. Oil down into 40 day trough. Copper and EURUSD possible early 80 day troughs. SPX and Nikkei 40 day troughs next. Bitcoin formed early 40 day trough. Ten year notes need confirmation of 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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