Market Context
Status: Verified against code Last Updated: 2026-04-23
What This Means
No trade happens in isolation. The algorithm looks at the broader market to understand if conditions favor your trade.
What We Get
Major Indices
| Ticker | What It Represents |
|---|---|
| SPY | S&P 500 (broad market) |
| QQQ | NASDAQ-100 (tech-heavy) |
| VIX | Volatility Index (fear gauge) |
ES Futures Correlation (For Crypto)
When analyzing CRYPTO trades, we check S&P 500 futures:
- ES > +0.5% → Bullish for BTC correlation
- ES < -0.5% → Bearish for BTC correlation
- ES flat → No strong signal
Market Regime Classification
The Macro Agent classifies the current market as:
| Regime | Meaning | Impact |
|---|---|---|
| Risk-On | Stocks up, VIX down | Favors long trades |
| Risk-Off | Stocks down, VIX up | Favors short trades or caution |
| Neutral | Mixed signals | No strong bias |
| Transitioning | Changing conditions | Higher uncertainty |
Cross-Asset Analysis
The algorithm compares:
- Your ticker vs SPY direction
- Your ticker vs QQQ direction
- Sector alignment (is your ticker moving with or against its sector?)
Note on OPTIONS coverage: As of 2026-04-23, QQQ context is provided for all OPTIONS trade-plan requests — including non-index underlyings like AMD, NVDA, and AAPL. Previously QQQ was only fetched for index ETF options (SPY, QQQ, DIA, IWM). The Macro Agent's tech-sector section now shows real QQQ data for every options trade.
How We Use It
Macro Agent synthesizes all market context into:
- Market regime classification
- Confidence level (0-100%)
- Cross-asset alignment assessment
- Economic assessment
Supervisor Agent uses this to:
- Confirm or challenge the Technical Agent's direction
- Adjust confidence levels
- Note market headwinds/tailwinds in the trade plan