REGIME

STRESS Pressure + STABLE Structure + INSTABILITY Behavior

IRON

STRESS

HIGH · 9

ANCHOR

STABLE

Score 5

ATLAS

Energy

1 leadership sectors

NORTH STAR

STRONG

102/167 aligned · FLAT · LIVE

GOLDEN COMPANY

DORMANT

8 / 12

LOKI

INSTABILITY

Score 6/7

LOKI Severity

MODERATE

Correlation breakdown · Breadth weakness · High dispersion · Volatility mismatch

LOKI Read

Behavior is unstable. Correlations are degrading, leadership is fragile, and tactical exposure should be reduced.

Corr -0.53 / Disp 0.45

SENTINEL

BALANCED

Top 0 / Bottom 0

SENTINEL Read

Neither top nor bottom conditions are dominant.

No dominant top or bottom conditions detected.

Regime Summary

IRON is stress with high pressure. ANCHOR is stable. Atlas leadership is concentrated in Energy. North Star is strong with 102 aligned assets out of 167. Golden Company is dormant. LOKI behavior is instability.

IRON Detail

HIGH

yields + dollar pressure

Atlas Breadth

Energy

Current regime reflects commodity / real asset rotation. Leadership is concentrated in Energy. Fragility is most visible in Healthcare, Industrials, Technology.

North Star Participation

61.1%

7.58 avg score

North Star Transition

NONE

Trend FLAT

Deployment Bias

DORMANT

Capital should remain defensive and highly selective.

GC Override

INSTABILITY

Behavioral instability is elevated but not structurally confirmed. correlation breakdown, breadth weakness, high dispersion, volatility mismatch are present, but credit/vol confirmation is insufficient for a full stand down.

LOKI Signals

Corr -0.53

Breadth Corr -0.13 · Disp 0.45

Recent Regime History

May 16, 6:31 PM AST

IRON: STRESS · ANCHOR: STABLE

LOKI: INSTABILITY (MODERATE)

GC: DORMANT

Session

Market Close

May 16, 2026, 6:31 PM AST