Composite: 65.4% (Nearly Crash)
Regime: risk off
Geopolitical: 66.2% (Severe)
Market insight: The Financial Composite Gauge registered 65.1% (Nearly Crash), the Overall Gauge hit 65.4% (Nearly Crash), and the Geopolitical Layer is 66.2% (Severe). Key drivers include the Qatar gas hub infrastructure strike and the Israeli strike on Iranian gas infrastructure. These energy disruptions heighten systemic fragility, signaling a potential market correction as indicators approach crash thresholds.