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
US Dollar Index – the 40 day cycle may have just peaked.
The 40 day cycle may have just peaked and the macro environment is potentially at a rotational inflection point (and please see SPX e-minis update sent earlier today). We have not had confirmation yet, we would be looking for a down cross of the upsloping maroon 10 day VTL right at the price low here and then the 5 day FLD around 106.14. The 5, 10 and 20 day FLDs are in a cascade position (stacked in parallel to the right of price) and if the 5 day FLD goes, we could see all three go which should push price straight down to 105 at least.
This post was first published on Hurst Cycles Notes.
