FIIJ Core Forecast

2026-02-10 08:02 · v1.0
MEDIUM CONFIDENCE

Situation

Interest Rates
policy easing with term premium rising
Financial
small caps leading with statistical extension
Commodity
industrial metals at statistical highs
Currency
dollar weakening trend
Crypto
extended decline suggesting mean reversion opportunity
Direction ratio 67% bullish:moderate long bias but declining from 86% (-19pp)
Breadth momentum +1 expanding:supportive for risk assets
Sigma intensity 1.44 low conviction:mixed signal environment with limited extremes
Dispersion index 1.92 moderate:balanced volatility across assets
Signal distribution:0% critical, 44% alert, 56% watch → alert-heavy environment
Yield curve normal 0.67% spread:supportive credit conditions
Active signals 9 (-5 from week start):signal environment contracting
Fed funds 3.64% (-2.2%):accommodative policy shift underway

Signal

AssetPriceZ-ScoreWindowLevelTrade
MSFT $413.60 -2.67σ 252d alert SHORT
BTC-USD $70120.78 -2.60σ 252d alert SHORT
CNY=X $6.94 -2.31σ 252d alert SHORT
TSM $355.41 +2.05σ 60d alert LONG
HG=F $5.95 +1.84σ 252d watch LONG
ALB $165.76 +1.81σ 252d watch LONG
IWM $266.88 +1.75σ 252d watch LONG
REMX $88.74 +1.65σ 252d watch LONG
URA $54.90 +1.63σ 252d watch LONG

Opportunity

PRIMARY
Bitcoin: Mean reversion opportunity within 6 days
75%
PRIMARY
Microsoft: Contrarian long position on mean reversion
75%
PRIMARY
Small Cap Value: Profit-taking on extended positions
75%
SECONDARY
Fed Policy Pivot: Fed funds down 2.2% with consumer sentiment improving 3.7% supports risk assets
43%
SECONDARY
Small Cap Outperformance: Russell 2000 at +1.75σ with +2.9% 30d return shows domestic focus
64%
SECONDARY
Industrial Commodity Strength: Copper and lithium at alert levels suggest economic acceleration
42%

Performance Scorecard

Backtest (46d):111/240, 46%, +137.6%
Recent (7d):21/56, 38%, +61.8%