Today's terrain.
Benchmarks through Sep 9, 2026 session · data may be delayed

CONSTRUCTIVE
- SPY is above its 50D and 200D averages but not all three.
- 2 of 3 tracked indices are above their 50-day average (mostly aligned).
- Average 20-day change across indices is -1.6% (falling medium-term momentum).
SPY
-0.46%
above 50D
QQQ
-0.29%
above 50D
IWM
-1.37%
below 50D
Indices
The market read
Broad market conditions are constructive but softer in the medium term. SPY and QQQ remain above their 50-day and 200-day averages, while IWM is still below its 50-day average, and the average 20-day change across the tracked indices is -1.6% despite a small +0.4% average 5-day rebound.
- SPY is above its 50-day and 200-day averages, but not above its 20-day average, which keeps the trend constructive but not fully synchronized.
- 2 of 3 tracked indices are above their 50-day average; IWM remains below both its 20-day and 50-day averages and is the weakest leg.
- Realized 20-day volatility averages 11% annualized, so conditions are calm even as medium-term momentum remains negative.
AI interpretation of the index measurements · not advice
Strongest terrain
in the tracked universe.
PEG tracked universe · 24 liquid US symbols ranked by PEG Score. PEG does not scan every listed stock.
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