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.
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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.