Pulse · Thresholds
Rule builder & backtest
Adjust a rule, then see which past readings would have fired under the new setting.
Rules
9/11 armed
Interconnection queue reform: months of acceleration
Estimated months of queue acceleration in draft/final text
>= 3months
CMS outpatient reimbursement rate change
Basis point change vs. proposed schedule
> 25bps
Direct lending spread move
30-day change in average unitranche spread
>= 50bps
5-year real yield level
5-year TIPS real yield
crosses 2%
Comparable company raise vs. archived entry
Multiple of archived entry valuation
> 2×
Manager fund close notice
Days notice given before hard close
< 45days
Owner-operator supply below threshold
New owner-operators entering market per year
< 40/yr
ERCOT capacity mechanism change
Change in effective capacity price signal
> 15%
2s10s curve inversion change
Change in 2s10s spread
>= 20bps
Adverse non-compete ruling
Case outcome severity (1 favorable – 5 adverse)
>= 4sev
Diesel spot price spike
7-day change in Gulf Coast diesel spot
> 12%
Live backtest
Interconnection queue reform: months of acceleration
Fires the moment any regulatory text — draft or final — implies queue positions move materially faster than modeled.
Current setting
Estimated months of queue acceleration in draft/final text >= 3months — armed
No change vs the original setting
PJM draft reform text published
Oct 20, 2026 · reading 9months
was FIREDnow FIRES
PJM stakeholder comment summary
Sep 16, 2026 · reading 1months
was quietnow quiet
FERC technical conference notes
Jul 31, 2026 · reading 0months
was quietnow quiet
PJM queue cluster study update
Jun 06, 2026 · reading 2months
was quietnow quiet
FERC docket status update
Apr 07, 2026 · reading 0months
was quietnow quiet
PJM interim reform proposal
Feb 16, 2026 · reading 5months
was FIREDnow FIRES