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.

UK 10 year gilts – expanding towards the next 40 day cycle peak.

We wrote a pretty thorough long and near term analysis back on 16 October in which the basic premise was that a very long cycle trough was due around now but that price would tactically drop first.

Read the full post here.