How the alert color was decided

Today: ORANGE (before: ORANGE)

The ladder (first match from the top wins)

• GREEN: nothing on the watchlist moved this week
• YELLOW: one thing moved: the gap band changed, a high-confidence call moved, the main limiting factor changed, or two calls moved together
• ORANGE: two yellow-level things happened at once, a high-confidence call broke, or demand worsened while the gap moved toward glut
• RED: a confirmed structural break: a high-confidence call broke AND the gap band flipped in the same week

What fired this run

• none - no rule fired

Today's raw read was GREEN. The shown color steps down only after two calm runs in a row, so the page still shows ORANGE.

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