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.
Russell 2000 – long term bullish, intermediate term heading to next 20 week cycle peak.
Monthly bar chart shows super regular and coherent 54 month cycle rhythm. The last 54 month cycle trough was in October 2023. It is now 52 weeks along and its status therefore is hard up. A composite cycle line has been plotted which sees a more or less steady climb above 2,600. Dips/resets therefore tend to be relatively shallow in a buyers market. On to a slightly more granular view, weekly bars:
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