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Weekly Review

Australian ETF - Weekly Review (30 August 2026)

Joshua Stega

— 24 min read
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Australian ETF - Weekly Review (30 August 2026)

A short term top for precious metals and resources; Aussie financials in a dangerous spot; We wait patiently for the next move in markets.

➡️Financials on the Edge

  • Aussie banks and property stocks are looking very weak here.
  • We have a line in the sand for OZF here, and if that breaks expect a significant pullback.
  • This has huge implications for the Aussie index, and dividend focused investors.

➡️WBC

  • Westpac is looking the weakest of the banks.
  • If this low breaks then it could lead the other financials lower.

Here is what we cover each and every week:

  • Market Health-o-Meter
    • The signal let’s us know if it is a good time to invest or not.
  • US ETF Risk On / Off Measure
    • This secondary signal provides further confirmation.
  • Best Ideas Satellite Performance
    • We put our best ideas to the test.
  • Key Ideas Count
    • More ideas usually means better markets.
  • Paid Subscribers Actionable Summary
    • Our concise summary for subscribers for the week ahead.
  • Key Ideas (Satellite Model Portfolio)
    • We show the buy and stop loss triggers.
  • Review: Best Ideas Satellite Portfolio Review
    • Our trades, and our plan for the week ahead.
  • ETF Movers
    • Weekly
    • Monthly
  • ETF Asset Class Review
    • Cash
    • Currency
    • Core ETFs
    • Income ETFs (including income model portfolio)
    • Crypto Assets
    • Commodity
    • Australian Index
    • Australian Sector
    • Equity Global
    • Equity Asia & Emerging Markets
    • Global Theme
    • Global Tech
    • Global Infrastructure
  • ETF in Focus

Market Health-o-Meter

Current Reading = 🟠

We track 17 key ETFs covering a broad range of markets and sectors to gauge the health of the markets from an Australian investor perspective.

➡️We remain on 🟠 here.

  • Above 10 Day Moving Average = 7/17 🔴➡️🟠
  • Above 20 Day Moving Average = 6/17 🔴
  • Above 50 Day Moving Average = 8/17 🟠
  • Above 200 Day Moving Average = 11/17 🟠

Signal History

  • Demonstrates the performance of the S&P500, ASX200 and a core portfolio holding (e.g. VDGR) from the period of our signal changes so far in 2026:
  • The choppy nature of this signal gives you all the information you need to know about being an Aussie investor at the moment - it has been challenging.

US ETF Risk on / Risk off

Current Reading = 🟠

We track 9 key ETFs listed in the US to gauge risk tolerance.
  • Most of these are back into bases here.

➡️ Performance since inception 1 June 2025:

  • We are biding our time to take on new positions in the coming weeks.

Portfolio Data (14% cash holding)

  • We have started to deploy our cash.
  • We avoid market corrections by raising cash and protecting our gains:

Key Ideas Count

Here are the number of key ideas we have for the best ideas satellite model portfolio for the week ahead - the stronger the market, the more ideas we will have because the charts will reflect this.