Oil (WTI) update - 9 January 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.
Oil (WTI) - the 40 day cycle peak may now be in place.
In Monday's Macro Outlook the belief was that we were entering the 40 day cycle peak zone with the target from the 20 day FLD projection being circa 74.