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.
Cable – pushing higher for a 40 day cycle peak.
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Tactically Cable is reaching higher towards the 40 day cycle peak. The 40 day FLD cross on 5 February targets a neutral 1.284 expected in the second week of March.
Read the full post here.