Hurst Cycles Notes
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Macro Outlook - 9 February 2026

Macro Outlook Feb 9, 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 (20D trough). Gold Up? (20W trough). Oil Down (->20D trough). Copper Down (->80D trough). USDJPY Down (20D peak). EURUSD Up (20D trough). SPX E-minis Down (-> 80D trough). Nikkei Down (80D peak). Bitcoin Up (80D trough). Ten Year Notes SmallDown (->20D trough).

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.

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