Hedgehog · Regime Monitor

Live regime gate evaluation (spec §2.3) and active macro blackouts (spec §2.4).

Data feed note

Yahoo · 15-minute delay

VIX/VIX9D/VIX3M/VVIX values are fetched from Yahoo Finance at ~15 minute delay (free tier; we already use it for the 252-day percentile/median windows). Adequate for the spec's slow-cadence design, but the §4.3 forced-exit "VIX +15% intraday" trigger is detected within ~15–20 minutes of the actual move, not in real-time.

Sub-minute detection requires upgrading the Indices feed to Massive's REST tier (Indices Starter, ~$29/mo) or equivalent — wire-compatible with the existing IRegimeIndexFeed interface so the swap is config-only.

Composite gate

GREEN

Evaluated 2026-05-28 00:40 UTC. The first failing or indeterminate condition blocks new entries.

Condition	Current	Threshold	State	Detail
VIX 252-day percentile	16.29	0.5	pass	VIX = 16.29, 252-day percentile = 0.274 ≤ 0.5.
VIX9D / VIX3M ratio	0.6823	< 1	pass	VIX9D = 13.27, VIX3M = 19.45, ratio = 0.6823 < 1.
VVIX vs 252-day median	87.53	98.15	pass	VVIX = 87.53 < 252-day median 98.15.
Realized vol stability (per-underlying)	—	RV(5) ≤ 1.1 × RV(10)	handled in eligibility	RV(5)/RV(10) is per-underlying — evaluated by the eligibility evaluator on each candidate.
Days since 2%+ SPY down	—	≥ 5	pass	No SPY -2% down day in the last 62 bars.

Macro blackout (§2.4)

clear

No active blackout events for 2026-05-28. Operator-curated calendar at Settings → Macro events.