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.

The Macro Brief is an excerpt from our weekly Macro Outlook newsletter. Today we are highlighting the S&P 500 (e-minis) and Bitcoin.

General outlook: SPX E-minis Up (80D trough). Bitcoin Up (20W trough).

S&P 500 E–Minis (ES) – 80 day cycle trough in. Up.

The 80 day cycle trough is in place.

Bitcoin – 20 week cycle trough in. Up.

The 20 week cycle trough is in place.

This post was first published on Hurst Cycles Notes.