Journal ·
Thursday, 14 May 2026
Regime NeutralMarket regime
Neutral — the model's authoritative close-of-day read. VIX 17.26 (calm, vol easing). Breadth 54.3% (531/978) of names above their 50-day EMA (mixed — about half of names in primary uptrends). SPY closed 748.10 — +12.2% vs its 200-EMA (666.74).
Key numbers
| Metric | Level | Read |
|---|---|---|
| Regime | Neutral | Unchanged — 2nd consecutive neutral print (since 13 May 2026) |
| VIX | 17.26 | Calm — vol easing |
| Breadth >50-day EMA | 54.3% (531/978) | Mixed — about half of names in primary uptrends |
| SPY close | 748.10 | +12.2% vs 200-EMA (666.74) |
Regime assessment
Regime held at neutral, matching the prior neutral read, its second consecutive neutral print since 13 May 2026. The model reads neutral: the S&P 500 is above its 200-day average and volatility is contained, but breadth is only mixed.
Status
Close-of-day regime for 14 May 2026: neutral. Unchanged from neutral.