Fundstrat
Triggers

1 OF 8 SIGNALS FIRING · AS OF Thu Jun 18, 2026 close
Status LOW RISK
Signal Current Value Thresholds State
SPX vs Jan/Nov lows 7,500.58 >5,829 GREEN / ≤5,700 RED GREEN
SPX vs 10-month MA +9.01% vs MA ↑ (MA 6,881) above MA + slope up GREEN
NVDA distance from 52w high -10.93% from high within 5% / >10% below RED
AAPL distance from 52w high -6.11% from high within 5% / >10% below YELLOW
HYG/IEF credit ratio vs 200d MA 0.8479 (+1.20% vs MA) above MA / >3% below GREEN
VIX 16.78 14–20 GREEN / >25 RED GREEN
Margin debt YoY +30.48% YoY <30% / >38% YELLOW
S&P 500 breadth (% above 50d MA) >60% / <40% UNKNOWN
SCOTUS tariff decision Not yet updated — edit this file to set the current SCOTUS tariff status. INFO

Eight market-stress signals are scored daily as GREEN, YELLOW, or RED against thresholds derived from Tom Lee's leading-indicator framework. The aggregate state counts RED signals: zero to one is LOW RISK, two to three is ELEVATED RISK, four or more is DRAWDOWN TRIGGER FIRING. A Telegram alert dispatches when the aggregate crosses into ELEVATED, or resets back to LOW from four-plus.

SPX vs Jan/Nov lows tracks the 5,700 and 5,829 floors from earlier 2026 dislocations. SPX vs 10-month MA uses a 210-day proxy with a 20-day slope check. NVDA and AAPL distance-from-52w-high read AI-cycle leadership and consumer-tech demand respectively. HYG/IEF credit ratio against its 200d MA reads risk appetite in high-yield versus Treasuries. VIX scores complacency below 14 and stress above 25. Margin debt YoY comes from FRED series BOGZ1FL663067003Q (household debt securities), refreshed quarterly. Breadth is computed live from S&P 500 constituents via Alpaca SIP — percent of names trading above their 50-day moving average.

The SCOTUS row is informational and updated manually as the tariff case progresses.