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.
Oil (WTI) – rounding the 40 day cycle trough?
In Monday’s macro outlook we were looking for a 40 day cycle trough potentially around the 20 day VTL and imminently. Price has just turned around and is crossing up through the down sloping 10 day VTL.
Read the full post here.
