Data as-of the 2026-09-11 settled close. Numbers read directly from macro-commodities — no prose math.

Oil kept accelerating, gold and silver got hit rather than lifted, and nearly everything else in this file cooled off — a rates shock, not a war shock, and it sharpened this week rather than fading. USO is now +112.19% over the trailing year (up from +91.37% one scan ago) and 41.9% above its own 200-day, RSI 71.9 and pushing toward overbought. The Thursday, September 10 market brief on file ties the broader tape directly to a dated rate event: "US crude hit $100 a barrel and the ten-year Treasury yield topped 4.9%, its highest since 2023, with a Treasury buyback operation that bought fewer bonds than expected adding to the selloff" (CNBC and Bloomberg, September 10), and in the same session "gold lost 1.7% and silver 5.3%." That is exactly the pattern in this file: GLD's 7-day change went from -0.50% to -1.97% and its gap below the 200-day widened from -2.1% to -4.1%; SLV's gap below its 200-day widened from -8.4% to -11.4%. Precious-metals miners (GDX, SIL) and the grain complex (WEAT, CORN, SOYB) both cooled hard from the prior scan's extended RSI readings, while housing (XHB, ITB) deteriorated further on both the week and the trailing year — the rate-sensitive side of the same trade lifting oil.

• USO's trailing-year gain jumped another 21 points versus the prior scan (+91.37%→+112.19%) while its 200-day gap widened to +41.9% — the strongest, most extended read in the whole file, and RSI 71.9 is now close to overbought.
• UNG flipped from a modest bounce last scan into a collapse regime this week (30D -0.29%, 1Y -18.12%, -12.7% below its 200-day) — natural gas continues to sit opposite the crude-driven move.

• GLD is the clearest counter-narrative continuing from last scan, now sharper: its gap below the 200-day widened again (-2.1%→-4.1%) and its 30-day return flipped from +4.40% to -1.52%. The dated Sept 10 receipt above names the exact session gold "lost 1.7%."
• SLV shows the same pattern more severely — its trailing-year gain cooled from +61.98% to +53.80% and its 200-day gap widened from -8.4% to -11.4%, consistent with the same brief's "silver 5.3%" single-session loss.
• GDX and SIL both cooled from the prior scan's extension (GDX 30D +18.62%→+6.75%; SIL +18.53%→+5.53%) — an intact trend losing momentum, not a reversal, but neither confirms a fresh haven bid either.

• Copper (COPX) cooled from a trailing-year gain of +80.81% to +67.04% and its 200-day cushion narrowed from +12.3% to +8.7%, still a strong-up uptrend but decelerating.
• The grain complex kept cooling from its late-August extremes: CORN's RSI eased from 71.3 to 64.5, SOYB's from 73.4 to 61.6, WEAT's from 56.2 to 52.0 — momentum draining from the edges without any name turning negative.
• No dated catalyst is on file for either the copper cooldown or the grain complex's continued fade — cause unknown.

• URA deteriorated materially versus the prior scan: 30D flipped from +7.39% to -3.69%, the trailing-year gain compressed from +14.01% to +2.06%, and the 200-day gap widened from -5.0% to -10.3%. Its alpha1y is now -14.16 — flat-on-the-year with negative relative performance is the genuinely weak read here, not the short-window RSI alone.

• The dollar (UUP) stays essentially flat over the year (+2.63%) — still not a currency-debasement story.
• The yen (FXY) is the mover, now in a confirmed breakout regime with RSI 70.4 (near-overbought) and its 200-day cushion widening from +1.2% to +2.9% — consistent with the broader global-yield story the Sept 10 brief documents (a long-bond selloff alongside the yield spike).

• Both housing ETFs deepened their trailing-year losses again versus the prior scan (XHB -11.91%→-17.10%, ITB -17.75%→-22.75%) in the same window the ten-year Treasury yield hit its highest level since 2023 — the rate-sensitive corner of this file taking the other side of the oil/inflation trade, now with a dated receipt behind it.
• Both carry thesis: no-view.

• EWZ cooled sharply from last scan's mover status (7D +6.47%→+0.87%) but its 30-day gain nearly tripled (+4.85%→+12.79%) — still the strongest single trend in the section.
• INDA and FXI both deteriorated further and remain the section's genuine long-horizon laggards, both more negative on the trailing year than the prior scan (INDA -5.10%→-8.77%, FXI -6.39%→-15.34%). INDA's thesisState still reads intact even as the price data argues otherwise — that disagreement stays unresolved, not silently waved through.
• Most of the broad international book cooled on RSI this week (VGK, EWG, INDA, FXI all down 10+ RSI points from the prior scan) even where trailing-year gains stayed positive.

• Value (VTV, alpha1y +4.16) keeps its lead over growth (VUG, alpha1y -3.83) — same direction as the prior scan, though both narrowed slightly.
• MTUM's short-window classifier still reads weak-down in a pullback regime (RSI 51.5, 30D -2.44%), but it's +20.90% over the trailing year and +9.6% above its own 200-day — a pullback inside an intact trend, not a breakdown.
• Unlike the prior scan, the broad factor book cooled this week alongside international equities and precious metals — QUAL and RSP both dropped roughly 10 RSI points — as the broader rate shock the Sept 10 brief documents (844 of 1,115 names lower that session) widened out from commodities into the equity factor book.

This scan reads as the same rates/inflation story as the prior scan, sharpened by a now-dated, on-file catalyst. The Thursday, September 10 market brief reports the ten-year Treasury yield topping 4.9% (its highest since 2023) and crude hitting $100 a barrel on the same session gold fell 1.7% and silver fell 5.3% (CNBC and Bloomberg, September 10). This file shows exactly that signature: USO extending to +112.19% 1Y and 41.9% above its 200-day, while GLD and SLV both widened their gaps below their 200-days rather than catching a haven bid. Housing (XHB, ITB) deepened its trailing-year losses in the same window. That combination — oil accelerating, precious metals and rate-sensitive housing both worse, broad equity factors and international names cooling — reads as an inflation/rates shock continuing to work through the tape, not a fear-driven flight to havens. The grain complex and copper both continued fading from their late-August extremes with no dated catalyst on file for either move — cause unknown.

• Gold and silver both getting hit rather than lifted during the same dated rate-shock session that sent oil to $100 is the single clearest cross-asset tell in this file, and it now has a specific receipt behind it (CNBC/Bloomberg, Sept 10) rather than resting on inference alone.
• The yen's breakout (FXY, RSI 70.4) lines up with the same global-yield story; the dollar (UUP) stayed flat, so this isn't a broad currency-debasement move.
• Housing's continued deterioration (XHB, ITB both worse on the trailing year) is the clearest equity-market read-through of the ten-year yield spike.
• Unlike the prior scan, the broad factor-rotation and international-equity books also cooled this week rather than staying calm — the dislocation that was concentrated in commodities and rates one scan ago has widened into the broader equity tape (per the Sept 10 brief's note that 844 of 1,115 names fell that session).

Every number above comes from the pre-computed summary file for this watchlist as of the 2026-09-11 close — no percentages were recalculated by hand. RSI, trend, and regime tags are the code's short-window read; the 1Y and vs-SMA200 columns are the long-horizon check that keeps a violent week from being misread as a broken trend. A thesisState of no-view or unrated means the desk has not assigned a formal view on that name; it is not a signal either way.

• 🔍 Watch — extended, still accelerating — USO ($154.90, RSI 71.9): +112.19% 1Y and pushing toward overbought; not a pullback entry at this RSI, and the level (41.9% above its own 200-day) argues for patience, not chasing.
• 🔍 Watch — trend under test, deteriorating — GLD ($398.77, RSI 47.5): 4.1% below its 200-day, double the gap of one scan ago, during a dated rate-shock session — the level to watch, not a buy signal on RSI alone.
• ⚠️ Avoid / rate-sensitive — XHB / ITB (RSI 36.0 / 36.4, both negative 1Y and worsening): the same yield spike lifting oil is a direct headwind here, not a bottoming signal.
• 🔍 Watch — weakening — URA ($43.53, RSI 44.8): 1Y gain compressed to +2.06% with alpha1y now negative (-14.16) — the name most at risk of flipping from "pullback" to genuinely broken next scan.

Versus the 2026-09-04 scan: oil kept extending — USO's trailing-year gain jumped from +91.37% to +112.19% and its 200-day cushion widened from +32.1% to +41.9%. Gold and silver both deteriorated further: GLD's 200-day gap widened from -2.1% to -4.1%, SLV's from -8.4% to -11.4%, and both 30-day returns flipped negative. GDX and SIL cooled sharply from their prior extension (30D roughly halved on both). The grain complex kept fading (CORN RSI 71.3→64.5, SOYB 73.4→61.6, WEAT 56.2→52.0). URA deteriorated materially, its 1Y gain compressing from +14.01% to +2.06% and its 200-day gap widening from -5.0% to -10.3%. Housing worsened further on both names (XHB -11.91%→-17.10% 1Y, ITB -17.75%→-22.75% 1Y). International names broadly cooled on RSI (VGK, EWG, INDA, FXI all down 10+ points), and INDA/FXI both deepened their negative trailing-year reads. The factor-rotation book, calm in the prior scan, cooled alongside everything else this week (QUAL, RSP both down ~10 RSI points).

• Whether gold and silver's widening gap below their 200-days (GLD -4.1%, SLV -11.4%) closes or deepens further if the ten-year yield keeps climbing — the clearest test of whether this stays a rates story.
• Whether oil's acceleration (USO +112.19% 1Y, RSI 71.9) cools on its own or needs a catalyst reversal, given it is now close to overbought.
• Whether URA's compressed trailing-year gain (+2.06%, alpha1y -14.16) resolves into a confirmed breakdown or stabilizes.
• Whether housing's deepening losses (XHB, ITB) stabilize once bond-yield volatility settles, per the Sept 10 brief's flagged trigger level (a ten-year at 5.00%, or high-yield spreads at 3.50 points on two consecutive readings; spread was 2.71% as of that session).
• Whether the grain complex and copper's continued fade (no catalyst on file for either) resolves into a deeper pullback or re-accelerates.

• macro-commodities (2026-09-11 close)
• 2026-09-04-macro-commodities (prior scan, comparison basis)
• 2026-09-10-market-brief ("Rates Sold the Builders, Not the Buyers" — CNBC/Bloomberg, September 10)