Which way the tide is running
Tide measures the macro forces behind four markets and publishes one monthly read. Every reading is mechanical and every call is timestamped before the outcome is known.
Conditions are slightly cautious. Keep investing steadily. Favour patience over aggressive buying in equities. Gold is the strongest diversifier right now. Nothing here calls for panic.
Slightly cautious
Three of four markets read a headwind this month. Tide often treats calm, easy conditions as a mild warning and tense conditions as opportunity — that contrarian lens is deliberate.
India, US, gold and rates are all unchanged from last month.
Daily pulse · 1 August 2026
- •Dollar index sits 0.7% above its 200-day line
- •India VIX at 12.4, in the lowest quartile since 2024
- •FII flows −₹4,200 cr over the trailing month
- •Money supply growing 5.5% a year, 4.5 points above trend
- •62 days since the last force flip
This week's live forces
The monthly read only changes at a month end. These are the forces moving underneath it right now, before they count.
6 of 13 forces moved this week. 2 are close to changing the next monthly read — members see which.
Fixed in advance, graded in public
- 1
Every reading is mechanical. Forces are scored against fixed thresholds, and a force only counts once it holds across two monthly closes.
- 2
The sensitivity matrix, which sets how much each force moves each market, is fixed in advance and never changed mid-month.
- 3
Every call is timestamped before the outcome is known. Tide grades its own homework in public.
Locked and checked
The rulebook and the sensitivity matrix are fingerprinted and locked. They are reviewed once a year and never changed in between.
The full read lives inside Legacy Core
Entry notes for each market, the forces behind every score, and the historical months that looked like today — alongside your model portfolios and research.
Produced by Legacy Wealth Research for information only. This is general market context, not personal investment advice or a solicitation to buy or sell any asset. Markets carry risk; do your own research or consult a licensed adviser before investing.