Reserve Flow Analytics

Signal Tracker

Daily macro signals generated from US Treasury fiscal flow data, institutional positioning, and technical regime analysis. Every signal is logged, every call is tracked.

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Signals Generated
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Trading Days Tracked
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Tracking Since
Fiscal Regime
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Technical Regime
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Composite Score
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What We Track

Our signals are built from six independent data layers. Each measures a different dimension of liquidity, positioning, or market structure. The composite score combines them into a single daily reading.

F

Fiscal Regime

Net government spending vs. receipts. When the Treasury spends more than it collects, reserves flow into the private sector (supportive). When it collects more, reserves drain (restrictive).

Source: US Treasury Daily Treasury Statement
T

TGA Balance

The Treasury General Account at the Fed. A rising TGA drains reserves from the banking system; a falling TGA adds them back. Direction and rate of change matter more than level.

Source: US Treasury Daily Treasury Statement
C

CFTC Positioning

Commitment of Traders data across 5 contracts: S&P 500, 10-Year, 2-Year, USD, and VIX. Z-scores flag extreme positioning that historically precedes reversals.

Source: CFTC Traders in Financial Futures
R

Technical Regime

SPX trend, breadth, and momentum indicators combined into a bullish/bearish regime classification. Provides the market structure context that fiscal flows operate within.

Source: FRED market data (SPX, yields, VIX, USD)
M

Margin Debt

FINRA margin debt levels, momentum, and net balance. Extreme leverage readings historically cluster before drawdowns. Monthly data, z-scored for signal generation.

Source: FINRA margin statistics
S

Composite Score

Weighted combination of all layers into a single score from -100 (maximum caution) to +100 (maximum opportunity). Includes ETF sector tilt recommendations based on the regime.

Derived: weighted combination of all components

How Signals Are Generated

The pipeline runs automatically every evening after the Treasury publishes the Daily Treasury Statement. No human discretion in signal generation; the rules are fixed.

Data Collection

Treasury FiscalData API (3 endpoints), CFTC Socrata API (weekly), FINRA margin statistics (monthly), FRED market data (daily). All fetched automatically.

Analysis Engine

1,800+ lines of deterministic Python code. Computes net fiscal injection, regime classification, z-scores, momentum, and cross-asset transmission maps. No ML, no black boxes.

Signal Logging

Each day's reading is appended to an immutable log. Regime, momentum, TGA trend, COT z-scores, tech regime, margin signal, composite score. All timestamped.

Return Attribution

Forward SPX returns (5, 10, 20 day) are computed against each logged signal. Hit rates are updated nightly. No cherry-picking; every signal is scored.

Track Record

Forward SPX returns measured at 5, 10, and 20 trading days after each signal. Hit rate = percentage of signals where the market moved in the predicted direction.

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Market Conditions Gauge vs S&P 500

The gauge reads the macro environment, not market direction. Green = conditions favor risk. Yellow = neutral/mixed. Red = conditions favor caution. When the gauge turns red before a drawdown, the system is working.

Recent Signals

The last 60 trading days of logged signals. Every day the pipeline runs, one row is added. Full history available in the daily Substack briefing.

Date Regime Momentum TGA ($bn) Tech Composite Top Overweight
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Disclaimer: This is an analytical research tool, not investment advice. Past signal performance does not guarantee future results. The fiscal flow framework provides a lens for understanding reserve mechanics and their transmission to financial markets. All signals are generated algorithmically from public data sources (US Treasury, CFTC, FINRA, FRED). No proprietary market data is used. Position sizing, entry timing, and risk management are your responsibility.