Daily Summary — Aug 13, 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.
Localized stress in Breadth & Positioning (QQQ_IWM_CORR, NETNEWLOWS). Fused 3,274 RPM (NORMAL), fused composite cooling (−106 RPM day-over-day, −517 over 5 sessions). Other asset-class buckets remain contained — treat as an early-warning window pending cross-asset confirmation. SPX realized vol (1M/3M: 13.8% / 13.7%): 1M crossed above 3M (0.1 vol points) — a negative, short-term vol expansion signal.
Primary Focus: QQQ / IWM 30D Rolling Correlation (QQQ_IWM_CORR) at P86 1Y with 1W Δ +0.07 corr — ISOLATED SPIKE (Unconfirmed).
Risk-On — Maintain standard VaR limits; dips are buyable in the absence of cross-asset confirmation.