Daily Summary — Aug 12, 2026
Measures short-term options volatility structure, correlation stress, and market breadth to identify tactical execution risk.
Monitors cross-asset rate, curve, and funding plumbing dynamics to detect systemic liquidity freezes.
Tracks institutional futures leverage and credit spreads to quantify forced unwind and de-leveraging capacity.
Cross-asset volatility remains contained, with no asset-class bucket above its own stress gate. Fused 3,380 RPM (NORMAL), fused composite cooling (−299 RPM day-over-day, −683 over 5 sessions). Credit spreads and rates plumbing are calm, indicating no immediate systemic contagion. SPX realized vol (1M/3M: 13.7% / 13.7%): 1M is near 3M, below by 0.0 vol points and separating; no crossover confirmed.
Primary Focus: QQQ / IWM 30D Rolling Correlation (QQQ_IWM_CORR) at P87 1Y with 1W Δ +0.08 corr — ISOLATED SPIKE (Unconfirmed).
Risk-On — Maintain standard VaR limits; dips are buyable in the absence of cross-asset confirmation.