S&P500 E-minis - 1 May 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.
There was a moment in yesterday's US session where it looked like ES had started to break down and that the 40 day cycle peak was in place. However, we had a sharp intraday reversal and price has pushed out again.
