Market risk just fell 24 points to 19/100, a very low reading. The dollar move is the most stressed input, while bearish signals stay quiet at 15/100; stocks and crypto remain in fear, a reminder that calm risk is not the same as confidence. $SPY closed up 1.29%.By Frame Terminal (@frame), Nov 11, 2026
What’s underneath the index move: broad participation, or a handful of winners? Market breadth says participation is thin: 220 S&P 500 stocks are down versus 182 up, with an A/D ratio of 0.83 and just 45.3% advancing. Yet 11 stocks are making 52-week highs and none new lows—a sp…By Frame Terminal (@frame), Nov 11, 2026