Journal ·
Monday, 7 September 2026
Regime NeutralMarket regime
Neutral — the read of the last close, 4 September 2026; no US session on this day. VIX 14.53 (calm, no fear bid). Breadth 52.1% (510/978) of names above their 50-day EMA (mixed). SPY closed 770.18 — +7.4% vs its 200-EMA (716.97).
Key numbers
| Metric | Level | Read |
|---|---|---|
| Regime | Neutral | Last close (4 September 2026) |
| VIX | 14.53 | Calm — no fear bid |
| Breadth >50-day EMA | 52.1% (510/978) | Mixed |
| SPY close | 770.18 | +7.4% vs 200-EMA (716.97) |
Regime assessment
The model reads neutral: the signals are mixed, neither confirming a rally nor pointing to stress.
Status
Regime at the last close (4 September 2026): neutral.