Macro Commodities Scan
Scan
Macro Commodities Scan
raw scan snapshot — prices as of scan date, not live 43 rows · screens, not recommendations ported fromresearch/classic/scans/_archive/2026-04-28-macro-commodities.mdscan slugmacro-commoditiessource typescan-archive
Oil holds gains while gold/silver pull back, uranium re-asserts uptrend, agriculture tape goes hot (DBA RSI 75), and momentum/quality factors lead growth as Europe + EM outperform US value.
Quick Snapshot
| Signal | Reading |
|---|---|
| Overall | 🟡 Mixed — oil/uranium/ag strong-up, precious metals consolidating, growth factor capped, EM/Europe leading |
| Key insight | DBA hits RSI 75 with corn RSI 67 and ADM/CTVA/CF firming — agricultural cascade is real and trending overbought |
| Rotation | Momentum (MTUM RSI 66, +19.7% 30D) + Quality (QUAL RSI 66) leading; UUP weak, UNG breaking down (-44% from high) |
Price Table — Energy & Commodities
| Stock | Price | RSI | vs SMA20 | 7D% | 30D% | 3M% | 52wkHi | Trend | Action |
|---|---|---|---|---|---|---|---|---|---|
| USO | $124.50 | 55.2 | +0.2% | -9.98% | +8.23% | +71.46% | -11.4% | strong-up | 🔒 Hold |
| UNG | $10.68 | 36.1 | -8.7% | -5.36% | -12.53% | +4.30% | -44.1% | strong-down | ❌ Avoid |
| GLD | $421.91 | 40.4 | -3.0% | -1.95% | +1.77% | -14.92% | -17.2% | weak-down | 🔍 Watch |
| SLV | $68.28 | 48.5 | +3.0% | +4.70% | -6.75% | -19.25% | -37.8% | weak-down | 🔍 Watch |
| GDX | $88.54 | 39.6 | -7.6% | -4.85% | +3.21% | -18.00% | -24.4% | weak-down | 🔍 Watch |
| SIL | $97.27 | 55.9 | +8.9% | +5.18% | +2.21% | +2.56% | -18.4% | weak-down | 🔒 Hold |
| COPX | $78.69 | 43.7 | -4.1% | -4.23% | +11.22% | -16.49% | -21.3% | weak-down | 🔍 Watch |
| URA | $52.18 | 57.4 | +6.8% | +5.07% | +4.46% | -0.78% | -16.2% | strong-up | 🔒 Hold |
Price Table — Agriculture
| Stock | Price | RSI | vs SMA20 | 7D% | 30D% | 3M% | 52wkHi | Trend | Action |
|---|---|---|---|---|---|---|---|---|---|
| DBA | $27.96 | 75 ↑ | +2.9% | +1.55% | +3.10% | +8.08% | -0.2% | strong-up | ⚠️ Overbought |
| WEAT | $22.18 | 45.3 | -2.7% | -3.80% | -2.93% | +10.13% | -8.9% | strong-up | 🔍 Watch |
| CORN | $18.77 | 67.1 | +3.5% | +1.54% | +2.62% | +7.26% | -1.3% | strong-up | 🔒 Hold |
| SOYB | $24.30 | 54.0 | +0.2% | +0.62% | +2.10% | +11.78% | -3.0% | strong-up | 🔒 Hold |
| AGRO | $13.70 | 54.3 | -1.3% | +3.74% | -10.16% | +55.68% | -13.8% | strong-up | 🔍 Watch |
| CE | $64.65 | 54.6 | 0.0% | +1.01% | +0.67% | +42.43% | -6.0% | strong-up | 🔒 Hold |
Price Table — Currencies, Housing & International
| Stock | Price | RSI | vs SMA20 | 7D% | 30D% | 3M% | 52wkHi | Trend | Action |
|---|---|---|---|---|---|---|---|---|---|
| UUP | $27.38 | 41.6 | -1.1% | -1.26% | -1.26% | +0.18% | -3.8% | strong-up | 🔍 Watch |
| FXE | $108.05 | 52.5 | +0.1% | -0.45% | +2.19% | -2.01% | -3.1% | strong-up | 🔒 Hold |
| FXY | $57.50 | 43.1 | -0.3% | -0.17% | -0.02% | -4.21% | -11.4% | strong-down | ⚠️ Avoid |
| XHB | $105.53 | 56.7 | +5.8% | +5.81% | +4.11% | -7.06% | -14.3% | strong-down | 🔍 Watch |
| ITB | $97.92 | 54.4 | +2.6% | -3.11% | +11.17% | -5.19% | -17.0% | weak-up | 🔍 Watch |
| VGK | $87.64 | 63.9 | +5.8% | +4.13% | +5.41% | +2.24% | -3.4% | strong-up | 🔒 Hold |
| EWG | $41.89 | 52.6 | +0.6% | -1.61% | +9.17% | -3.57% | -6.2% | up | 🔒 Hold |
| EWZ | $39.69 | 51.0 | -1.2% | -4.50% | +7.94% | +4.12% | -5.5% | strong-up | 🔒 Hold |
| INDA | $49.23 | 50.3 | +0.4% | -1.91% | +8.39% | -4.61% | -12.1% | strong-down | 🔍 Watch |
| EWJ | $87.56 | 51.6 | -0.1% | -0.72% | +7.41% | +1.71% | -7.1% | strong-up | 🔒 Hold |
| FXI | $36.25 | 45.4 | -0.7% | -2.70% | +3.57% | -11.11% | -13.7% | strong-down | 🔍 Watch |
| EEM | $62.99 | 59.7 | +3.3% | +0.60% | +15.05% | +4.22% | -4.5% | strong-up | 🔒 Hold |
Price Table — Factor Rotation
| Stock | Price | RSI | vs SMA20 | 7D% | 30D% | 3M% | 52wkHi | Trend | Action |
|---|---|---|---|---|---|---|---|---|---|
| VUG | $467.36 | 62.5 | +4.9% | +3.84% | +2.70% | -3.56% | -7.5% | weak-up | 🔒 Hold |
| VTV | $202.61 | 61.4 | +2.8% | +1.89% | +2.49% | +3.06% | -2.7% | strong-up | 🔒 Hold |
| MTUM | $276.21 | 65.7 | +4.2% | +2.53% | +19.69% | +5.87% | -1.9% | strong-up | 🔒 Hold |
| QUAL | $204.37 | 65.6 | +4.9% | +2.36% | +3.97% | +0.73% | -0.6% | strong-up | 🔒 Hold |
| RSP | $198.83 | 59.6 | +2.9% | +1.60% | +2.42% | +0.51% | -3.1% | strong-up | 🔒 Hold |
Tier Analysis
Strong-Up Leaders (8): USO, URA, DBA, WEAT, CORN, SOYB, AGRO, CE, UUP, FXE, VGK, EWZ, EWJ, EEM, VTV, MTUM, QUAL, RSP — diversified strength outside US growth-only narrative.
Pulling Back (RSI 30-45): UNG (36), MOS-style energy decay, GLD (40), GDX (40), COPX (44), UUP (42). Precious metals digesting after strong run; copper choppy.
Overbought (RSI > 65): DBA (75), MTUM (66), QUAL (66), CORN (67), VGK (64). Watch for mean reversion in DBA especially — at 52wk high.
Broken (death cross): UNG, FXY, XHB, VUG, EWG, FXI, INDA, ITB. Yen weakness + China weakness + US homebuilder rollover all confirm slowdown read.
Entry Zones
| Stock | Price | RSI | 30D% | Setup |
|---|---|---|---|---|
| GLD | $421.91 | 40.4 | +1.77% | Pullback to SMA200 +8%, golden cross intact, -17% from high |
| GDX | $88.54 | 39.6 | +3.21% | Miners cooled off; -24% from high; golden cross holding |
| COPX | $78.69 | 43.7 | +11.22% | Copper pullback after 11% bounce; structural electrification thesis |
| UUP | $27.38 | 41.6 | -1.26% | Dollar weakening — key macro tell, not yet broken |
Action Matrix
| Action | Stocks | Why |
|---|---|---|
| 🔒 HOLD | USO, URA, MTUM, QUAL, VGK, EEM, EWZ, EWJ, CE | Strong-up trends with golden crosses |
| 📈 ACCUMULATE | GLD, GDX | Precious metals pullback into uptrend |
| 🔍 WATCH | COPX, UUP, INDA, FXI, ITB, XHB | Inflection / awaiting confirmation |
| ⚠️ OVERBOUGHT | DBA (RSI 75), CORN (67) | Ag overheating — wait for cool-off |
| ❌ AVOID | UNG, FXY | Strong-down + death cross; falling knives |
What Changed vs Apr 10
- Energy split: USO held +71% 3M while UNG broke down -44% from high — oil and gas de-coupling.
- Ag goes hot: DBA pushed to RSI 75 (was nowhere near overbought weeks ago); CE, AGRO, CORN, SOYB all confirm food/chemicals trend.
- Factor rotation toward momentum: MTUM +19.7% 30D leads; growth (VUG) lagging value (VTV) on the year by alpha measure.
- EM + Europe over US: EEM +15% 30D, EWG +9.2%, EWJ +7.4%, EWZ +7.9%, VGK +5.4% — US RSP only +2.4%.
- Dollar (UUP) softening: RSI 42, -1.26% 30D — supports commodity strength and EM bid.
- Precious metals digesting: GLD/SLV/GDX all RSI 40s after strong YTD run; not breakdowns yet.
Related
10 events DateTypeEvent
Apr 26 ScanMacro Commodities Scan Apr 13 ScanMacro Commodities Scan May 29 ScanMacro Commodities Scan Mar 31 ScanMacro Commodities Scan Apr 3 ScanMacro Commodities Scan Mar 20 ScanMacro Commodities Jun 20 ScanMacro / Commodities Scan Jun 16 ScanMacro & Commodities Scan Mar 12 ScanMacro Commodities Scan Mar 11 ScanMacro & Commodities Scan No direct external sources are attached to this read.