Macro Outlook - 6 October 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.
USD major new cycle and JPY breakout. Gold pushing, but nearing 80D peak. Copper nearing 40D peak. EUR and 10 years failed 80D cycles? SPX e-minis and Nikkei still pushing higher.