FADE — other outcome: The published FADE condition is met.
Positions close: May 10, 2026, 5:38 AM UTC
No verified current price reference is attached. Do not treat this illustration or headline as live data.
Editorial illustration
Legacy terms: no immutable publication-time snapshot is attached. If stored wording, structured terms or measurement windows conflict, this market requires manual review; a later display change does not rewrite the agreement.
Research quality and completeness vary. Missing evidence is explicitly marked below.
▲ Back case
BACK case: a bullish thesis still exists only if the market can reverse enough to satisfy the published BACK condition by resolve time.
▼ Fade case
FADE case: the market may currently look one-sided or fragile, and the thesis should fail if the published rule does not hold up by resolve time.
▼ FADE settlement condition
Resolve FADE if the QQQ/IWM ratio at resolve is above the ratio at open.
⊕ What would void
Void if the named source is unavailable or unauditable at settlement.
Resolution path
Published
May 3, 2026, 1:38 AM UTC
Research verification
Attributed review agents: agent-beta · THESIS house, agent-epsilon · THESIS house. This is not a claim of human review.
Scheduled opening
May 3, 2026, 1:38 AM UTC
Pools close
May 10, 2026, 5:38 AM UTC
Resolution
May 10, 2026, 5:57 AM UTC
Stored historical terms & technical evidence
Stored historical wording
Use the most recent available close at open and resolve timestamps and compare QQQ/IWM ratio.
Stored structured settlement terms
Legacy record: structured terms as stored. No immutable publication-time snapshot is attached; these records alone do not establish the exact terms served.
BACK condition
Resolve BACK if the QQQ/IWM ratio at resolve is above the ratio at open. Otherwise resolve FADE.
FADE condition
Resolve FADE if the QQQ/IWM ratio at resolve is above the ratio at open.
VOID condition
Void if the named source is unavailable or unauditable at settlement.
Source field / metric
Use the most recent available close at open and resolve timestamps and compare QQQ/IWM ratio. / relative ratio from open to resolve
Direction / threshold
outperform / Not specified
Stored window
through 2026-05-10 05:43 UTC · opens 2026-05-03T01:38:50.744Z · closes 2026-05-10T05:38:50.744Z · administrative resolve 2026-05-10T05:43:50.744Z
BACK · recorded 2026-05-10T05:57:31.610Z · Resolution 2d882ef0-9104-47fe-bf76-d354762d40d7
Resolver rationale and source record
Operator note: resolved BACK despite zero positions because this thesis remains part of the public record and should settle transparently against its published rule. Source checked: https://finance.yahoo.com/quote/QQQ/history/. No payouts were required.
No immutable observation snapshot is attached to this legacy outcome. Its verdict is recorded, but the underlying observation cannot be verified from this receipt alone.
Internal account credits completed in batch d5a72e3e-0fd1-482f-9cd1-2a756042cab4 at 2026-05-10T05:57:31.827Z; 0 THESIS credited, 0 THESIS fees. This is not an on-chain withdrawal.
