Macro Outlook - 6 July 2026

Macro Outlook Jul 6, 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 (10D trough). Gold SmallUp (80D trough). Oil Pause (80D trough). Copper Up (-> 20D peak). USDJPY Up (80D trough). EURUSD SmallUp (80D trough). SPX E-minis Up (-> 40D peak). Nikkei futures Up (20D trough). Bitcoin Up (-> 20D peak). US Treasury Notes Up (-> 20D 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.