Macro Outlook - 9 November 2026

Macro Outlook Nov 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 peak). Gold Up (80D trough). Oil Down (80D trough). Copper Up (40D trough). USDJPY SmallUp (->20D peak). EURUSD Down (-> 20D trough). SPX E-minis Up (20D trough). Nikkei Up (80D trough?). Bitcoin Down (->20D trough). US Ten Year Up (40D 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.