SOX Index update - 18 March 2025

Macro Outlook Mar 18, 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.

SOX Index - is the 18 month cycle turning up?

We last updated on SOX Index on 6 March looking for an 18 month cycle low. The weekly chart above has been updated to show price testing the 18 month VTL in the 18 month cycle trough zone. We are tentatively looking for a major reversal up. Here is the daily chart:

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.