Journal ·
Tuesday, 19 May 2026
Regime NeutralMarket regime
Neutral — the model's authoritative close-of-day read. VIX 18.06 (elevated, vol firming). Breadth 49.9% (488/979) of names above their 50-day EMA (mixed — about half of names in primary uptrends). SPY closed 733.80 — +9.8% vs its 200-EMA (668.59).
Key numbers
| Metric | Level | Read |
|---|---|---|
| Regime | Neutral | Close-of-day read |
| VIX | 18.06 | Elevated — vol firming |
| Breadth >50-day EMA | 49.9% (488/979) | Mixed — about half of names in primary uptrends |
| SPY close | 733.80 | +9.8% vs 200-EMA (668.59) |
Regime assessment
The model reads neutral: the signals are mixed, neither confirming a rally nor pointing to stress.
Status
Close-of-day regime for 19 May 2026: neutral.