Market condition index · Current read
Rising SPSI indicates strong factor momentum, healthy market breadth, and favorable conditions for event-driven and momentum strategies. Falling SPSI indicates momentum reversal, narrowing breadth, or credit/macro headwinds.
27.6 points above the 50-normal line. This locates the selected condition; it is not a forecast. From one official close publication; stale selected read.
Official closes earn richer presentation. The selected current read is never spliced into certified history.
| Official close | Condition | Calculated |
|---|---|---|
| 2026-08-14 | 12.6 | Aug 14, 2026, 11:23 PM UTC |
| 2026-08-17 | 77.6 | Aug 17, 2026, 11:29 PM UTC |
2 certified closes are shown as a dated ledger, not a connected trend.
Only exact governed relationships are navigable. Shared tickers and price moves never create a link.
No Basket, Narrative, or Asset context is inferred from inputs, tickers, price moves, or static “related” lists.
Declared weights explain construction. They do not claim today's contribution or causal impact.
| Input | Source | Formula role | Weight |
|---|
Informational only — not investment advice. MarketSchema is not a registered investment adviser. Condition Percentile reads and indexes are quantitative measurements derived from public market data, not recommendations to buy or sell any security.
| Cadence |
|---|
| MTUM | polygon | Price · positive | 15% | Intraday |
| IWM | polygon | Price · positive | 12% | Intraday |
| GLD | polygon | Price · inverse | 5% | Intraday |
| HYG | polygon | Price · inverse | 13% | Intraday |
| T10Y2Y | fred | Rate · positive | 10% | Daily |
| ICSA | fred | Macro · inverse | 10% | Weekly |
| RSAFS | fred | Macro · positive | 10% | Monthly |
| VIX | cboe_polygon | Flow · inverse | 10% | Intraday |
| XLF | polygon | Flow · positive | 15% | Intraday |