Commodity Rotation Sequenceⓘ
1Oil/Energy+90Surging
2Natural Gas+30Active
3Fertilisers+20Building
4Grains+15Building
5Coal+35Active
6Uranium+40Active
7Industrial Metals+35Active
8Silver+95Surging
9Gold-15Cooling
Capital is currently concentrated in the Silver phase of the rotation sequence. Historically, Gold follows.
Rotation Lane
You are here · Late cycle| Sector | Apr 25 | Jul 25 | Dec 25 | Mar 26 | today | Streak |
|---|---|---|---|---|---|---|
| FinancialsXLF | +15 | +20 | -5 | -30 | +15 | ▲ |
| Consumer DiscretionaryXLY | +30 | +35 | -10 | -50 | -10 | — |
| IndustrialsXLI | +10 | +25 | +30 | -15 | +25 | ▲ |
| TechnologyXLK | +70 | +25 | +15 | -40 | +10 | — |
| Communication ServicesXLC | +50 | +15 | +10 | -25 | +5 | — |
| MaterialsXLB | -5 | +20 | +40 | -10 | +30 | ▲ |
| EnergyXLE | -20 | -15 | +55 | -60 | +70 | ▲ |
| Real EstateXLRE | -20 | +10 | -10 | -25 | -5 | — |
| HealthcareXLV | +5 | +5 | +10 | +10 | +5 | — |
| Consumer StaplesXLP | -10 | -5 | +5 | +20 | +5 | — |
| UtilitiesXLU | -15 | +10 | +15 | +15 | +10 | — |
Flow−1000+100
Past patterns · not predictions · not advice.Sector Flow Rotationsorted by avg flow score
Energy+45
Moderate inflow
Crude Oil+90
Brent Crude+75
Uranium+40
↑↑ Strongly Accelerating
EU Equities+18
Mixed signals
EU Energy+55
EU Defence+40
EU Industrials+30
↑↑ Strongly Accelerating
Commodities+16
Mixed signals
Silver+95
Copper+35
Dry Bulk Shipping+30
↑↑ Strongly Accelerating
US Equities+14
Mixed signals
US Energy+70
Oil Services+55
US Materials+30
↑↑ Strongly Accelerating
EM Equities+8
Mixed signals
Brazil+20
India+15
EM Broad+15
↑↑ Strongly Accelerating
Crypto+8
Mixed signals
Bitcoin+10
Ethereum+5
↑↑ Strongly Accelerating
Fixed Income+6
Mixed signals
TIPS (Inflation)+20
US Treasury Long-15
High Yield+10
→ Neutral
Currencies+2
Mixed signals
AUD/USD+10
US Dollar Index0
EUR/USD0
→ Neutral
Macro ContextInflation
Oil surging from $66 to $98 (+48%) — strongest 1-month move in the dataset. Silver exploding from $33 to $76 (+130%) on industrial + monetary demand. XLE surging to $57 (+27%) with oil. Gold pulling back to $4,800 (from $5,050, -5%) — profit-taking after ATH. Copper $5.90 (+10%). VIX collapsed from 26 to 19 — risk appetite returning. BTC $72k — mild recovery. IWM recovering. DXY flat at 99. US10Y 4.31%. Energy and metals leading; gold lagging for the first time in months.
Secular Signals3/5ⓘ
Real Assets vs Financial
International vs US
Small vs Large Cap
Commodities vs Tech
Dollar Weakness
Geopolitical Events
- US tariff escalation on China + EU — retaliatory measures in progress
- Oil surges 48% from March lows — supply tightness + geopolitical risk
- Silver explodes +130% — industrial + monetary demand convergence
- NATO defence spending commitments accelerating
Key Ratio Signals
What is a ratio signal? →HIGH extreme (≥90th pct)
LOW extreme (≤10th pct)
Elevated
Mid-range
82th pct↓
Fear vs growth
42th pct↑
Consumer risk appetite
55th pct↑
Early warning for broad credit stress
8th pct→
US vs EU relative performance
Show
European equities are outperforming the US — a rotation away from US dominance is underway.
Ask yourself
- Is the US underperformance cyclical or structural?
- Which European sectors are leading the relative trade?
Past patterns · not predictions · not advice.
18th pct↑
Digital vs traditional safe-haven