Weekly CharterN° 152026-07-18
Weekly Charter, edition of 2026-07-18
Earlier edition format. This edition was published before the five market reading, and it is shown with the four pillars it carried.
This week in three points
Carrier: the equity trend remains solid and broad.
Contradiction: the rise in raw materials is not being reflected by gold.
Condition: a return of the safety-seeking behavior would change the reading.
The four pillars
This edition reads four pillars. Government bonds joined the reading later, and nothing here stands in for them.
Equities
Favourable
Trend: Favourable · Momentum: Neutral · Coherence: Confirmed
Gold
Weakening
Trend: Unfavourable · Momentum: Unfavourable · Coherence: Confirmed
Commodities
Inflationary push
Trend: Favourable · Momentum: Favourable · Coherence: Confirmed
Bitcoin
Cooling
Trend: Unfavourable · Momentum: Favourable · Coherence: Mixed
The market pulse
| Market | Level | Week | Year to date |
|---|---|---|---|
| SP500 | 743.29 | -1.5% | +9.4% |
| Gold | 368.41 | -2.3% | -7.5% |
| Commodities | 28.98 | +5.3% | +29.4% |
| Bitcoin | 64,797 | +4.1% | -27% |