Journal ·
Friday, May 15, 2026
Regime NeutralMarket Regime
NEUTRAL the regime engine's authoritative close-of-day read. VIX 17.26 (elevated, vol firming). Breadth 48.2% (472/979) of names above their 200-EMA (narrowing — most names below their 200-EMA). SPX closed 741.32 +11.3% vs its 200-EMA (666.34).
Key Macro Reads (real data)
| Metric | Level | Read |
|---|---|---|
| Regime | NEUTRAL | Engine close-of-day read |
| VIX | 17.26 | Elevated vol firming |
| Breadth >200-EMA | 48.2% (472/979) | Narrowing most names below their 200-ema |
| SPX close | 741.32 | +11.3% vs 200-EMA (666.34) |
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 133-name universe; 50 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 2026-05-15. 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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