Journal ·
Wednesday, May 13, 2026
Regime NeutralMarket Regime
NEUTRAL the regime engine's authoritative close-of-day read. VIX 17.99 (elevated, vol firming). Breadth 52.6% (514/978) of names above their 200-EMA (mixed — about half of names in primary uptrends). SPX closed 742.85 +12.0% vs its 200-EMA (663.0).
Key Macro Reads (real data)
| Metric | Level | Read |
|---|---|---|
| Regime | NEUTRAL | Flip from RISK-ON |
| VIX | 17.99 | Elevated vol firming |
| Breadth >200-EMA | 52.6% (514/978) | Mixed about half of names in primary uptrends |
| SPX close | 742.85 | +12.0% vs 200-EMA (663.0) |
Regime Assessment
Regime flipped to NEUTRAL from the prior RISK-ON read. 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 133-name universe; 30 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 2026-05-13. Flipped from the prior RISK-ON read. 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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