Regime Desk

Observation only. Price-rule snapshot as of 2026-11-05. No edge claimed. Not investment advice.

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20y Treasuries · TLT

leading · RS ratio 106.2 · RS momentum 104.5 · 20d RS vs SPY +10.50% · last 81.93 · 2026-11-05

Versus the S&P

No residual setup. Beta 0.2. Residual z 0.23. 20-day residual +6.11%. 20-day relative high. Residual is not extreme. No setup.

residual-fade-v0. Not a proven edge.

Last 60 closes

Window change -0.8%. Price geometry only. Not an edge claim.

RS trail

  • 2026-10-29 · ratio 102.8 · mom 102.2
  • 2026-10-30 · ratio 104.7 · mom 103.3
  • 2026-11-02 · ratio 104.6 · mom 104.8
  • 2026-11-03 · ratio 103.1 · mom 103.2
  • 2026-11-04 · ratio 101.9 · mom 102.7