September 2025 · DAA ConfirmedGLD · EWJ +4Gold 16.7% · Japan 16.7%
Risk-on
0 canary assets negative — 0% cash · IWM ranks first among risky assets
Why this signal
canary assets
VWO+0.33Selected
BND+0.08Positive
risky assets
SPY+0.24Selected
IWM+0.44Selected
QQQ+0.24Positive
VGK+0.26Selected
EWJ+0.36Selected
VWO+0.33Selected
VNQ+0.15Positive
GSG+0.11Positive
GLD+0.40Selected
TLT-0.02Negative
HYG+0.10Positive
LQD+0.08Positive
cash assets
SHY+0.06Positive
IEF+0.10Positive
LQD+0.08Positive
13612W momentum score · Keller & Keuning (2017)
Biggest moves this month
Largest gainEWZBrazil+0.77#39 → #4 ▲35
Largest dropCL=FWTI Crude Oil-0.58#9 → #39 ▼30