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read is invalid if HYG/LQD records at or below 0.726235, the z=0.00 level from the prior n=252 observations, on its next daily print.","operator":"at_or_below","thresholdValue":0.726235,"thresholdZScore":0,"currentValue":0.750094,"unit":"ratio","cadence":"daily","observationCount":252,"evidence":{"source":"Yahoo Finance adjusted closes","sourceUrl":"https://finance.yahoo.com/","formula":"HYG adjusted close divided by LQD adjusted close.","methodologyUrl":"/methodology/#confluence-engine"}},"comparison":{"status":"available","previousAsOf":"2026-07-22","previousArtifactUrl":"/data/machine/v1/archive/2026-07-22/daily-thesis.c44a63761adc4202c92ede97b9d6d9e73d1c9abd23bdcccad44f8f9cb172a19e.json","currentArtifactUrl":"/data/daily-thesis.json","summary":"7 observable changes since the prior completed thesis.","changes":[{"id":"anomaly-z","kind":"anomaly","label":"HYG/LQD moved","detail":"The standardized reading moved from +2.74 sigma to +2.80 sigma."},{"id":"activation-vixTermStructurePct","kind":"activation","label":"VIX term structure slope activated","detail":"The component moved from no vote to supportive."},{"id":"activation-regimeComposite","kind":"activation","label":"Regime composite activated","detail":"The component moved from no vote to supportive."},{"id":"reversal-dollarIndex","kind":"reversal","label":"Broad dollar reversed","detail":"The component changed from contradictory to supportive."},{"id":"agreement-counts","kind":"agreement","label":"Evidence balance changed","detail":"0 agree, 3 disagree, 6 no vote became 3 agree, 2 disagree, 4 no vote."},{"id":"falsifier-level","kind":"falsifier","label":"Invalidation level changed","detail":"The threshold moved from 0.725583 to 0.726235 ratio."},{"id":"coverage-date","kind":"coverage","label":"Complete observation window advanced","detail":"2026-07-21 became 2026-08-07."}]},"downloads":{"thesis":"/data/daily-thesis.json","confluence":"/data/confluence-vector.json","analogs":"/data/analog-engine.json","falsification":"/data/falsification-ledger.json"}}}