US Large Caps in Focus - Macro add on: WTI Oil + (14 January 2026)

US Large Caps Jan 14, 2026

Notes: we tend to focus on inflections on the weekly data level to strip out noise and, hopefully, call trades of more meaningful longevity. The basic system is a dynamic heatmap and colours: Up as Blue and Down as Red. Momentum is woven into the price series, such that paler colours represent lessening of power and stronger colours, increasing power. The sub-window shows the heatmap with momentum numbers at each timeframe from hourly to monthly.

WTI Oil - intermediate term breakout.

Oil has broken out with a new blue at the weekly row and strong blue thrust at all lower timeframes. Also note that the progress bar at the monthly level is full blue with 62.92 the upside risk edge - which means that if price clears this then all timeframes are blue and convergent. The recent low was that of a 40 week cycle trough, which predates the current news-flow.

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.