August 2026 · DAA ConfirmedSHY · GSG +2US Short Treasury 50% · Commodities 16.7%

Defensive

1 canary asset negative — 50% cash · GSG ranks first among risky assets

Why this signal

Period

Currency

Sort

canary assets

VWO+0.02Positive

BND-0.04Negative

risky assets

SPY+0.13Positive

IWM+0.11Positive

QQQ-0.06Negative

VGK+0.21Selected

EWJ+0.13Positive

VWO+0.02Positive

VNQ+0.21Selected

GSG+0.52Selected

GLD-0.12Negative

TLT-0.18Negative

HYG+0.02Positive

LQD-0.08Negative

cash assets

SHY+0.02Selected

IEF-0.05Negative

LQD-0.08Negative

13612W momentum score · Keller & Keuning (2017)

Largest gainCL=FWTI Crude Oil+1.47#37 → #1 ▲36

Largest dropEWYSouth Korea-1.84#1 → #37 ▼36