Journal ·
Thursday, 30 April 2026
Regime NeutralMarket Regime
NEUTRAL — the model's authoritative close-of-day read. VIX 18.81 (elevated, vol firming). Breadth 59.4% (520/876) of names above their 200-EMA (mixed — about half of names in primary uptrends). SPY closed 718.59 — +8.7% vs its 200-EMA (661.32).
Key Macro Reads
| Metric | Level | Read |
|---|---|---|
| Regime | NEUTRAL | Engine close-of-day read |
| VIX | 18.81 | Elevated — vol firming |
| Breadth >200-EMA | 59.4% (520/876) | Mixed — about half of names in primary uptrends |
| SPY close | 718.59 | +8.7% vs 200-EMA (661.32) |
Regime Assessment
A mixed tape — the model 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; 23 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 2026-04-30. 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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