Macro Outlook - 5 October 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 (40D trough). Oil Down (-> 80D trough). Copper Up (20D trough). USDJPY Down (20D trough). EURUSD Up (20W trough). SPX E-minis Up (20D trough). Nikkei futures Up (->20D peak). Bitcoin Up (20D trough). US Ten Year Up (20W trough).