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.

Copper – 20 day cycle spike, but peak is close, then back down.

Daily. In Monday’s Macro note the premise was more downside into the 80 day cycle trough zone due around 10 March but an intervening failed 20 day cycle this week.

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