The Macro Brief - 1 June 2026

Analysis & Learning Jun 1, 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.

The Macro Brief is an excerpt from our weekly Macro Outlook newsletter. Today we are highlighting the US Dollar and Bitcoin.

General outlook: US Dollar Up (20D trough). Bitcoin SmallDown (20W trough).

US Dollar - in a pro-trend 20 day cycle trough. Up.

In a shallow pro-trend 20 day cycle trough zone. Looking for next 20 day cycle peak.

Bitcoin – nearing 20 week cycle trough. SmallDown/ Up.

Falling into a 20 week cycle trough zone, after which likely to rally well. Standby.

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.