Journal ·
Tuesday, April 28, 2026
Regime NeutralMarket Regime
NEUTRAL the regime engine's authoritative close-of-day read. VIX 18.02 (elevated, vol firming). Breadth 57.7% (563/975) of names above their 200-EMA (mixed — about half of names in primary uptrends). SPX closed 711.57 +7.7% vs its 200-EMA (660.57).
Key Macro Reads (real data)
| Metric | Level | Read |
|---|---|---|
| Regime | NEUTRAL | Engine close-of-day read |
| VIX | 18.02 | Elevated vol firming |
| Breadth >200-EMA | 57.7% (563/975) | Mixed about half of names in primary uptrends |
| SPX close | 711.57 | +7.7% vs 200-EMA (660.57) |
Regime Assessment
A mixed tape the regime engine reads neutral. Participation is not broad enough to lean in hard nor weak enough to de-risk. Be selective; let conviction, not breadth, do the work.
Research Funnel
The screen cast a 132-name universe; 0 cleared the conviction floor for deeper research. (Screening reach only — no positions, sizes, entries, stops, or P&L are disclosed.)
Status
Regime NEUTRAL on the public ledger for 2026-04-28. Entry reconstructed from the pipeline's recorded close-of-day regime state. Research only no positions, sizes, entries, stops, or P&L.
--