Markets Overview

Live regime readings across major assets and risk indicators.

Sparkline: last 90 points from daily closes

EQUITIES

SPDR S&P 500 ETF Trust

Regime (1D): Storm Warning

Invesco QQQ Trust (Nasdaq 100)

Regime (1D): Full Storm

iShares Russell 2000 ETF

Regime (1D): Thin Ice

SPDR Dow Jones Industrial Average ETF Trust

Regime (1D): Storm Warning

FX

Euro / US Dollar

Regime (1D): Tailwind

British Pound / US Dollar

Regime (1D): Tailwind

US Dollar / Japanese Yen

Regime (1D): Tailwind

COMMODITIES

Regime (1D): Thin Ice

Regime (1D): Full Storm

Crude Oil WTI (front-month continuous)

Regime (1D): Full Storm

Crude Oil Brent (front-month continuous)

Regime (1D): Full Storm

CRYPTO

Regime (1D): Full Storm

Regime (1D): Clear Skies

Regime (1D): Full Storm

Regime (1D): Clear Skies

DOLLAR & RISK INDICES

Regime (1D): Tailwind

RI Proprietary Indices

Regime (1D): Storm Warning

RI Proprietary Indices

Regime (1D): Thin Ice

RI Proprietary Indices

Regime (1D): Thin Ice

MACRO SNAPSHOT

Yield curve shape

NORMAL

TERM spread regime mapped to curve vocabulary.

Real rates backdrop

DEEPLY_STIMULATIVE

TIPS / breakeven stack (engine panel).

Fed funds policy

FRAGILE

Policy rate regime (five-state engine).

HY credit OAS

EXPANSION

High-yield spread regime.

IG credit OAS

CALM

Investment-grade spread regime.

Manifest refreshed Jul 18, 2026 · 12:30 PM UTC