Macro Outlook - 9 November 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).