Market Regime

August 10, 2026·66 INDICATORS

Composite by Horizon

SHORT 1–4WNeutral / Selective
69▼ 4
MEDIUM 1–3MHealthy Bullish
74▼ 3
LONG 3–12MHealthy Bullish
72▼ 3

Most signals positive. Historically calm conditions — shallow drawdowns.NEUTRAL LINE = 50

Categories

Trend67
Breadth85
Volatility70
Credit71
Macro71
Momentum85

Biggest sector moves since 2026-08-08: XLE +19 · XLB +7 · XLU -7

Under the surface: 38 of 45 tracked ETFs (84%) hold their 50-day average, 86% hold their 200-day — participation is broad and structurally healthy.+3

VIX term structure holds contango (1.23) — options markets price calm ahead; junk bonds are outperforming quality (HYG>LQD).

Score attribution (medium-term): macro is the biggest drag (71/100, +2.1 weighted pts vs neutral); breadth is the biggest support (85/100, +7.0 pts).

Soft underbelly: Solar / Clean Energy (TAN) scores just 10 inside top-ranked Energy (78) — the sector's strength isn't uniform.

Sector Strength

  1. 01
    XLF
    Financials
    Leading
    96
  2. 02
    XLV
    Health Care
    Leading
    95
  3. 03
    XLE
    Energy
    Leading
    78
  4. 04
    XLI
    Industrials
    Improving
    62
  5. 05
    XLB
    Materials
    Weakening
    55
  6. 06
    XLRE
    Real Estate
    Improving
    48
  7. 07
    XLP
    Consumer Staples
    Neutral
    46
  8. 08
    XLK
    Technology
    Weakening
    45
  9. 09
    XLY
    Consumer Discretionary
    Weakening
    38
  10. 10
    XLC
    Communication Services
    Weakening
    34
  11. 11
    XLU
    Utilities
    Lagging
    13

Market Internals

Whole-market participation and news tone

Market breadth · 2026-08-07
71.4%advancingbroad advance
8,711
Advancers
3.02
A/D ratio
2,887
Decliners
21.2%
Up >2%
8.5%
Down >2%
Thrust monitor10d EMA 59.6% · no thrust

Positioning

Small vs Large-1.02% 21d · +0.71% 63d
Mega-caps carryingBroad participation
Growth vs Value-4.27% 21d · -9.19% 63d
Value leadingGrowth leading
Exposure overlay1.00×

Full sizing — conditions do not call for holding back.