Overall Regime
Neutral/Mixed
VIX
15.8
10Y-2Y Spread
0.380%
YC Z-Score
-0.93
HYG/LQD Ratio
0.7404
Breadth %
0.0%
About This Dashboard
Broad macro overview: VIX, treasury yield curve and spreads, credit indicators, sector heatmap, commodities, currencies, and market breadth. Overall regime classification with 5-day trend indicators and threshold alerts for key risk metrics.
# Market Analysis: Macro Dashboard Today's data reveals a bifurcated market picture. The VIX sits at 15.84, indicating relatively calm volatility, while SPY is trading above both its 50-day moving average (739.64) and 200-day moving average (693.60) at 751.71, suggesting near-term uptrend strength. However, a critical warning sign emerges: zero percent of stocks are trading above their 200-day moving average, which is an extreme reading that contradicts the broad index's positioning and signals very narrow market participation at higher price levels. The treasury curve shows modest steepness with a 10-2y spread of 38 basis points and a 10-3m spread of 71 basis points, while the HYG/LQD ratio at 0.7404 indicates high-yield bonds are underperforming investment-grade bonds, suggesting some credit stress despite the calm VIX reading. This combination of strong index performance alongside deteriorating breadth and credit weakness warrants caution about the sustainability of current market levels.
For educational and informational purposes only. Not financial advice. Past performance does not guarantee future results.
NEUTRAL/MIXED
Net Score: 0.0  |  Bullish: 1.5  |  Bearish: 1.5
Confidence: Low

Regime Changes (3)

vs yesterday
IndicatorFromTo
VIXElevatedNormal
Yield CurveNormalFlat
Credit (HYG/LQD)NeutralRisk-On

Alerts (1)

Threshold breaches
Breadth Weak: 0.0% above 200MAHIGH

5-Day Trends

Not enough history to compute trends (need 2+ days).

VIX and Volatility

VIX Level
15.8
Normal
VVIX
88.8
Vol of Vol
ETF ProxyPrice
VIXY20.81
UVXY24.04
VXX21.58

Treasury Yield Curve

Curve Regime
Flat
Date: 2026-07-09

Yield Rates

TenorRate
1M3.720%
2M3.790%
3M3.830%
6M3.960%
1Y4.020%
2Y4.160%
3Y4.180%
5Y4.270%
7Y4.400%
10Y4.540%
20Y5.060%
30Y5.050%

Key Spreads

SpreadValue
10Y - 2Y0.380%
10Y - 3M0.710%
30Y - 10Y0.510%

Credit Markets

HYG/LQD Ratio
0.7404
Risk-On
ETFPrice1D Chg%
HYG79.750.11%
LQD107.710.04%
JNK96.00N/A
EMB95.96N/A
AGG98.18N/A

Sector Performance

Sorted best to worst
Sector1D Change %
Communication Services3.77%
Consumer Cyclical2.73%
Financial Services1.41%
Industrials0.58%
Real Estate0.50%
Utilities0.26%
Technology-0.04%
Basic Materials-0.27%
Healthcare-0.35%
Energy-1.12%
Consumer Defensive-1.43%

Commodities

Futures

CommodityPrice1D %
Gold4140.801.43%
Silver60.753.77%
Crude Oil72.08-1.96%
Natural Gas3.01-6.23%
Copper6.272.59%

ETF Proxies

SymbolPrice1D %
GLD378.181.00%
SLV54.142.48%
USO109.01-2.85%
UNG10.83-6.64%
DBC27.58-0.79%

Indices

SPY vs 50MA
Above
751.71 vs 739.64
SPY vs 200MA
Above
751.71 vs 693.60
SymbolPrice1D %50MA200MA
^GSPC7542.370.80%50MA200MA
^DJI52487.410.27%50MA200MA
^IXIC26206.891.30%50MA200MA
^RUT2992.541.22%50MA200MA
SPY751.710.85%50MA200MA
QQQ723.281.66%50MA200MA
IWM297.241.28%50MA200MA
DIA524.190.27%50MA200MA

Breadth (from sector_rotation_1y_data)

Breadth Regime
Weak
505 ETFs tracked
Above 200MA Proxy
0.0%
Strong trend>5.5
MetricPct of Universe
Above 200MA Proxy (trend_1w > 5.5)0.0%
Above 50MA Proxy (trend_1d > 5.5)0.0%
Above 20MA Proxy (mom_1d > 5.5)0.0%
Positive 5D Return79.2%
Bullish SecRot Score (>=60%)0.0%