This is the first dashboard in the pre-market sequence. It answers the foundational question before any stock work begins: what is the overall condition of the market today?
Its two roles are distinct. The sentiment score gives you a single defensible number to anchor the day's bias. The data aggregation — indices, rates, FX, volatility, futures, credit, news — saves the time it would otherwise take to consult half a dozen separate sources. Both roles are designed to be consumed quickly: the score in under ten seconds, the full dashboard in under five minutes.
Three badges at the top right give the market's structural posture before you read a single card. Together they answer: what is the regime, is volatility elevated or suppressed, and are the major indices in or out of trend?
The composite sentiment score for the day. This is always the first badge and the primary read. The label (Extreme Fear / Fear / Neutral / Greed / Ext. Greed) translates the number into a regime word. Green above 60, amber 40–60, red below 40. If you read nothing else, this badge tells you whether the market is in a risk-on, neutral, or risk-off posture.
VIX spot vs. its 200-day moving average. VIX below its 200D means equity volatility is compressed relative to its long-run average — favorable for directional trades. VIX above its 200D means elevated realized and implied volatility — a structurally more dangerous tape where position sizing should contract.
Whether the major indices are trading above or below their 50D and 200D moving averages. All four above both SMAs is the cleanest structural bull confirmation available. Any index below its 200D is in a structural downtrend — flag it. Mixed readings across indices indicate selective, not broad, market strength.
The gauge card is the model's primary output. It has four layers — the score, the delta badge, the component breakdown, and the 30-day sparkline — each adding a different dimension of context.
The score and zone labels
The semicircular gauge displays today's score on a 0–100 arc. The color of the arc and the score number match the regime zone.
Delta badge — direction vs. yesterday
The change in the model score vs. the prior session. A rising score in an already-Greed regime signals continued momentum. A falling score in a Greed regime is the first warning of deterioration — especially worth watching if it coincides with a weak futures gap or rising VIX. A large single-day swing (±8 or more) typically reflects an acute macro event rather than trend change.
Component score breakdown
Below the legend, various Model components are shown in a 2-column grid with their individual scores. Each is color-coded: green above 65, amber 40–65, red below 40. This gives you insight into why the overall score is where it is.
A score that looks bullish overall with one or two red components is normal — look for the pattern, not individual outliers. A Greed regime score alongside red credit spreads or a red MOVE is a meaningful warning: the bond and credit markets are disagreeing with the equity vol signal. A red Futures component alongside otherwise green scores means the day's open is weaker than the underlying regime — useful context for the first 30 minutes of trading.
30-day sparkline and narrative
The sparkline below the component grid shows the trailing 30-day score history. The accompanying text gives the 30D range, mean, current score percentile, and a plain-language read of the trend. Use this to calibrate whether today's score is a continuation of an established trend or a sharp break from it. A score at the 90th percentile of its 30D range in Greed territory suggests extension; a score near the low of a Neutral range could signal a developing inflection.
The two cards to the right of the gauge cover the major indices and the macro data layer — rates, FX, and commodities.
Market Indices — SMA deviation bars
SPX, NASDAQ, DJI, and RUT each show their current price alongside horizontal bars representing the % deviation from the 50D and 200D moving averages. The bar fill is proportional to magnitude — a longer green bar means further above the SMA, a longer red bar means deeper below it.
The note box beneath summarizes the SMA picture in one sentence. Watch for divergence between indices: NASDAQ far above its 200D while RUT is below its own signals leadership concentration in mega-cap tech, not broad participation. Broad participation — all four well above both SMAs — is the cleanest structural context for swing trades.
Rates, FX & Commodities
Eight instruments in a single table: DXY (dollar index), 5Y/10Y/30Y Treasury yields, Gold, Silver, WTI Crude, and BTC. Inline muted annotations flag the most important context for each reading — for example, "below 100 · weak dollar tailwind" next to DXY or "approaching 5% threshold" next to the 30Y yield.
The cross-asset picture matters as much as the individual readings. A weak dollar (DXY below 100) alongside rising gold signals macro hedging demand — risk-off undercurrent even if equities are holding. Crude above $100 is flagged as an explicit risk in the header. Rising yields across the curve while equities are at all-time highs is a tension worth carrying into your stock selection work.
Row 2 covers the intraday-specific context: how the day is opening, what the credit market is saying, and whether volatility is calm or building across asset classes.
Pre-Market Futures Gap
ES (S&P 500), NQ (Nasdaq), and YM (Dow) futures gap percentages vs. the prior close. A gap banner at the top of the dashboard — green for up, red for down, amber for mixed — summarizes the open in one color.
The most useful reading here is divergence between futures. If NQ is down sharply while YM is up, the session is opening with tech weakness and cyclical rotation — not broad risk-off. That changes which sectors deserve screener focus. The note box translates the divergence into plain language and connects it to the session catalysts below it.
Credit Spread
High-yield credit spread vs. its EMA, local high, and local low. A spread below the EMA and tightening is constructive — credit markets are not pricing stress, which supports the equity risk-on signal. A spread above the EMA and widening is a warning: credit is pricing deterioration that equities may not have yet priced in. When the credit component score in the gauge card is red but equities look fine, this table is why.
VIX Term Structure
The VIX curve chart plots spot VIX against front, mid, and back-month futures. In a normal (contango) curve, back months are higher than spot — the market prices more uncertainty further out. An inverted curve (front month above back months) is a stress signal: the market is pricing more near-term risk than long-term, which happens during acute selling events.
The kv-table shows VIX spot vs. its 50D and 200D SMAs. VIX below both SMAs is the calmest vol regime. The curve narrative in the card title and note box describes the shape and any notable inflection points — for example, a sharp step-up at a specific back-month contract can signal where event risk is being priced (e.g., around an expected FOMC meeting).
Volatility Complex — VVIX, GVZ, MOVE, and the MOVE/VIX ratio
Four vol measures beyond VIX, each shown with its 50D and 200D SMAs:
VVIX — Volatility of VIX. Measures how much VIX itself is moving. Elevated VVIX means VIX is jumpy — the vol surface is unstable, which makes intraday ranges unpredictable. VVIX well below its 50D SMA is the calmest environment for directional trades.
GVZ — Gold volatility index. Measures implied vol in gold. Elevated GVZ signals macro uncertainty — investors are paying up to hedge through gold options. When GVZ is elevated alongside a rising gold price, macro hedge demand is genuine, not speculative.
MOVE — ICE BofA bond market volatility index. The VIX equivalent for Treasury bonds. Elevated MOVE means rate markets are unstable — yield moves are larger and less predictable, which typically transmits stress to equities with a lag.
MOVE/VIX ratio — the single most important number in this section. It measures the divergence between bond vol and equity vol. Below 4.0 is normal — both markets agree on the level of uncertainty. Between 4.0 and 5.0 is elevated: bond markets are pricing more stress than equities have absorbed. Above 5.0 is a warning: a rate shock or credit event is priced in bonds but equity vol has not caught up — historically this resolves with equities moving to catch up to bond stress.
A condensed version of the sector rankings from the Sector ETF Dashboard, embedded here so you have rotation context without switching dashboards. The table shows the five key columns: Rank, Sector name, Ticker, RS Score, 50D Distance, Trend (MA alignment), and Composite score.
Rank badges
Green badges for ranks 1–3 (leading), amber for 4–8 (mid-table), red for 9–11 (lagging). Glance at the badge colors first — a page of green badges at the top and red at the bottom confirms clear leadership hierarchy. If the mid-table is mostly amber with mixed trends, rotation is fragmented.
Trend column — MA alignment
↑ Aligned (green) means the 50D SMA is above the 200D — the sector is in a structural uptrend. ↓ Bear (red) means a death cross — structural downtrend. A sector ranked 5th or 6th with a Bear trend is warning you that composite score is propped up by recent short-term RS, not structural health. Those are the sectors most likely to fall out of the top half on a market pullback.
Note box — rotation theme narrative
Below the table, the note names the top 2 and bottom 2 sectors with brief context, identifies the rotation theme (risk-on / defensive / rate-sensitive), and flags any MA misalignment in the mid-table. This is the plain-language bridge from sector data to the question of where to focus your Fidelity screener today.
The final row is the news and catalyst layer — the human context behind today's numbers. It has three parts: event pills, a 2-column news grid, and the week-ahead economic calendar.
Event pills
Color-coded pills summarize the day's key market-moving factors in one row. Red pills flag acute risk events (large futures moves, geopolitical events). Amber pills flag scheduled catalysts (earnings, Fed speakers). Blue pills flag macro context (Fed quiet period, scheduled data). Green pills flag positive catalysts (economic beats, strong earnings). Teal pills flag commodity or cross-asset signals. Read the pills top-to-bottom before the news articles.
News grid
Four articles in a 2-column grid, each with a category tag (Geopolitical, Fed, Macro/Earnings, Economic Data) and a colored left border. These are AI-generated summaries of the day's most market-relevant news, sourced from a live web search at dashboard generation time. They explain the why behind the numbers — why futures are mixed, why gold is elevated, why a particular sector is under pressure. Read the category tags first; if the category matches a component score you noticed in the gauge, that article is explaining that component's reading.
Week-ahead economic calendar
High-importance economic events for the current week, with consensus estimates and prior readings. Released data is tagged with an Actual badge; upcoming data shows the consensus. The calendar tells you when the market's next major known catalyst is scheduled — important for position sizing and trade duration decisions. A critical print (NFP, CPI, FOMC) within 24 hours is context for raising your confirmation threshold before acting on any setup.
A complete read of this dashboard takes under five minutes. Work through it in this order:
Read the three header badges — regime, VIX posture, index SMA position. This is your ten-second brief.
Check the gauge: score, delta direction, and scan the component grid for any red components that conflict with the overall score.
Scan the futures gap. If it's mixed (one index up, one down), note which futures are weak — that narrows which sectors to avoid in the screener.
Check the MOVE/VIX ratio. If it's above 4.0, the bond market is pricing more stress than equity vol has absorbed — raise your confirmation threshold for the day.
Read the sector RS note box — one sentence on the rotation theme. Then read the event pills. These two together set the narrative for the session.
Check the economic calendar for any same-day or next-day high-impact events. If one is within 24 hours, factor that into position sizing before opening the Sector ETF or S/R dashboards.