May 20, 2026
Oil yellow flag cleared today. Score back to FAVORABLE. But Bitcoin's on-chain valuation keeps slipping (0.78, cheapest since May 1) and BTC ETF outflows widened to -$1.8B
Oil yellow flag cleared today. Score back to FAVORABLE. But Bitcoin's on-chain valuation keeps slipping (0.78, cheapest since May 1) and BTC ETF outflows widened to -$1.8B
The committee of twelve that replaced the gold standard, how it sets interest rates, and why traders watch its calendar so closely.
All ten risk thresholds read healthy today (see the 10-institional dashboard below) — credit, the Sahm rule, oil, the dollar, both ISM readings, volatility, BTC ETF flows and dominance, and stablecoins.
Brent oil: ~$71 (Jul 1) → $101 today, about +41% in three weeks.
Corporate Credit is healthy (OAS 2.69%) | VIX is calm (17) | Employment stable (0.07)