Momentum breaks down across half the tanker complex — Nordic American, Tsakos, and TORM all fall from Green to Orange, Scorpio extends its slide to Red, while Gold posts a rare perfect score
A rougher week than 1 August for the tanker names. Three that had been sitting at a clean 80/Green — Nordic American, Tsakos, and TORM — all slip to 45/Orange on clean momentum breakdowns even with trend structure fully intact. International Seaways cracks further to Orange on a fresh bearish MACD crossover ahead of Monday's Q2 report, Okeanis eases to Yellow purely on post-earnings volatility, and Scorpio extends its decline for a second straight week to the weakest read in the batch, 30/Red. DHT, Frontline, Teekay Corporation, and Teekay Tankers all hold their Green scores unchanged. On the macro side, Gold turns in a perfect 100/100 as its trend genuinely reverses higher, the 10-Year Treasury eases off last week's perfect score but stays Green, and the Dollar Index improves from Red to Orange as its downtrend gains real ADX conviction.
Nine of eleven tanker names hold Green, but Scorpio's momentum breaks down and the 10-Year Treasury posts a rare perfect score
The first full edition covering all 14 tracked instruments — eleven first-ever entries, plus Teekay Tankers confirming its post-earnings score and two real movers: Scorpio Tankers falls from Green to Orange as momentum breaks down, and Ardmore slips to Yellow on expanding volatility. On the macro side, the 10-Year Treasury posts a perfect 100/100, Gold flashes an early bottoming signal, and the Dollar Index is the weakest read of the batch.