Journal ·
Monday, 18 May 2026
Regime NeutralMarket regime
Neutral — the model's authoritative close-of-day read. VIX 17.82 (calm, vol easing). Breadth 50.0% (489/979) of names above their 50-day EMA (mixed, improving: roughly half of names above their 50-day EMA). SPY closed 738.40, +10.6% vs its 200-EMA (667.93).
Key numbers
| Metric | Level | Read |
|---|---|---|
| Regime | Neutral | Close-of-day read |
| VIX | 17.82 | Calm, vol easing |
| Breadth >50-day EMA | 50.0% (489/979) | Mixed, roughly half of names above their 50-day EMA |
| SPY close | 738.40 | +10.6% vs 200-EMA (667.93) |
Regime assessment
The model reads neutral: the signals are mixed, neither confirming a rally nor pointing to stress.
Status
Close-of-day regime for 18 May 2026: neutral.