Iron Vitals - Monday 16th February 2026
No stress expansion. No broad cooling either.
Updated Monday 16th February 4:00am AST
Iron Vitals tracks conditions, not outcomes. RPI exists to identify when rules are about to matter more than opinions.
What This Means
Markets are functioning normally.
Gold strength is extension, not stress.
Rates are not tightening further.
Breadth is expanding.
Credit is cooperating.
This is not a rules-driven tape.
It is a positioning tape.
Compliance has eased. Participation is returning.
Iron Vitals — because markets lie, structure doesn’t.
The full Panel can be viewed here


