Updated Models & Spotlight Chart 5/11/2025

SPX Approaches Key Price Level While Short-Term Breadth Dips

The S&P 500 closed down almost half a percent with the best performance coming from XLI, XLU, and XLE sectors. Bond yield spreads have continued to come down, as well as equity volatility. The Maestro Model has continued to improve, and price remains above the 50-day moving average. This week’s note looks at the weekly key price levels, confirmation in gold as well as short-term concerning look at one breadth stat.

Publishing Note: There will be no Thrasher Analytics notes next week. I will pause billing during that time, so that current paid subscribers will not be charged for the week. I don’t believe it’s fair to charge for a time you aren’t receiving content.

Summary of Models

Index & Sector Performance Summary

Volatility Risk Trigger

VIX Continues to move lower, finishing the week below 22. The VRT remains at 24, below a threshold for a signal.