Journal ·
Tuesday, 3 November 2026
Regime NeutralMarket regime
Neutral — the model's close-of-day read. VIX 20.83 (elevated, vol firming). Breadth 57.3% (560/978) of names above their 50-day EMA (healthy but marginal). SPY closed 754.38 — +2.7% vs its 200-EMA (734.38).
Key numbers
| Metric | Level | Read |
|---|---|---|
| Regime | Neutral | Close-of-day read |
| VIX | 20.83 | Elevated — vol firming |
| Breadth >50-day EMA | 57.3% (560/978) | Healthy but marginal |
| SPY close | 754.38 | +2.7% vs 200-EMA (734.38) |
Regime assessment
The model reads neutral: the signals are mixed, neither confirming a rally nor pointing to stress.
Status
Close-of-day regime for 3 November 2026: neutral.