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.
10 Year Notes – in an 80 day cycle trough zone and if so then upside risk building.
We last updated on 30 October. CPI just came in hot, but 10 year notes dumped into it yesterday and is struggling in today’s session. Meanwhile the US Dollar is aggressively testing the 106 handle, which in Monday’s macro outlook was the 20 day cycle peak target.
So the question is: is the Dollar in a bull trap?
Read the full post here.
