Journal ·
Sunday, April 26, 2026
Regime Risk-onMarket Regime
RISK-ON the regime engine's authoritative close-of-day read. VIX 19.31 (elevated, vol firming). Breadth 62.2% (606/975) of names above their 200-EMA (healthy participation). SPX closed 713.97 +8.3% vs its 200-EMA (659.5).
Key Macro Reads (real data)
| Metric | Level | Read |
|---|---|---|
| Regime | RISK-ON | Engine close-of-day read |
| VIX | 19.31 | Elevated vol firming |
| Breadth >200-EMA | 62.2% (606/975) | Healthy participation |
| SPX close | 713.97 | +8.3% vs 200-EMA (659.5) |
Regime Assessment
Calm-to-constructive tape: the regime engine reads risk-on, the environment narrative-momentum is built for. Lean into strength, size to conviction, cut losers fast.
Research Funnel
The screen cast a 132-name universe; 32 cleared the conviction floor for deeper research. (Screening reach only — no positions, sizes, entries, stops, or P&L are disclosed.)
Status
Regime RISK-ON on the public ledger for 2026-04-26. Entry reconstructed from the pipeline's recorded close-of-day regime state. Research only no positions, sizes, entries, stops, or P&L.
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