Macro Outlook - 7 September 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 (20W trough?). Gold (80D trough?). Oil Up (-> 40D peak). USDJPY Down ( -> 40D trough). EURUSD Up (40D trough). SPX E-minis Up (80D trough). Nikkei futures Up (40D trough). Bitcoin Up (20D trough). Ten Year Notes Down (-> 80D trough).