Journal ·
Friday, 8 May 2026
Regime NeutralMarket regime
Neutral — the model's authoritative close-of-day read. VIX 17.19 (calm, vol firming). Breadth 59.1% (578/978) of names above their 50-day EMA (mixed — about half of names in primary uptrends). SPY closed 737.54 — +11.2% vs its 200-EMA (663.24).
Key numbers
| Metric | Level | Read |
|---|---|---|
| Regime | Neutral | Close-of-day read |
| VIX | 17.19 | Calm — vol firming |
| Breadth >50-day EMA | 59.1% (578/978) | Mixed — about half of names in primary uptrends |
| SPY close | 737.54 | +11.2% vs 200-EMA (663.24) |
Regime assessment
The model reads neutral: the signals are mixed, neither confirming a rally nor pointing to stress.
Status
Close-of-day regime for 8 May 2026: neutral.