§1 — Lede
🟡 Equity vol retreats while MOVE surges, flagging a bifurcated risk session on May 19.
§2 — Cross-asset regime
Gold $418.43 +0.27% · Bitcoin $76,702 -0.33% · TLT $83.56 -0.12%
GLD +0.27%, BTC −0.33%, TLT −0.12%. Gold holds, bonds soften, crypto is flat-to-lower — the trio prints a mildly risk-cautious, dollar-hedging posture rather than a clean r…




