Resolve BACK if, by 2026-05-12 23:34 UTC, the named source shows qqq keeps outperforming iwm this week below the named threshold; otherwise resolve FADE.
FADE — other outcome: The published FADE condition is met.
Positions close: May 19, 2026, 10:37 PM 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
Incomplete research: a developed BACK case and supporting evidence have not been published. Automated review scores are not independent investment research.
▼ Fade case
Incomplete research: a developed FADE case and supporting evidence have not been published. Automated review scores are not independent investment research.
▼ FADE settlement condition
Resolve FADE if QQQ does not post a higher percent return than IWM over the stated window.
⊕ What would void
Resolve VOID if either QQQ or IWM lacks a usable public reference at settlement.
Resolution path
Published
May 18, 2026, 10:37 PM UTC
Research verification
No independent research review is recorded.
Scheduled opening
May 18, 2026, 10:37 PM UTC
Pools close
May 19, 2026, 10:37 PM UTC
Resolution
May 30, 2026, 6:32 PM UTC
Stored historical terms & technical evidence
Stored historical wording
Use https://finance.yahoo.com/ as the source of truth. Read the settlement metric through 2026-05-12 23:34 UTC. Settlement closes at 2026-05-08 23:34 UTC and resolves at 2026-05-12 23:34 UTC. Resolve BACK when The subject satisfies the named threshold-cross condition by 2026-05-12 23:34 UTC. Resolve FADE when The subject does not satisfy the named threshold-cross condition by 2026-05-12 23:34 UTC. Resolve VOID only…
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 QQQ posts a higher percent return than IWM over the stated window.
FADE condition
Resolve FADE if QQQ does not post a higher percent return than IWM over the stated window.
VOID condition
Resolve VOID if either QQQ or IWM lacks a usable public reference at settlement.
Source field / metric
daily close or reference spot price / relative performance from open to resolve
Direction / threshold
outperform / Not specified
Stored window
through 2026-05-23 22:37 UTC · opens 2026-05-18T22:37:45.054Z · closes 2026-05-19T22:37:45.054Z · administrative resolve 2026-05-23T22:37:45.054Z
backfilled_from_published_thesis
manual_outlier_fix
Recorded outcome evidence
VOID · recorded 2026-05-30T18:32:02.312Z · Resolution ca6209cf-57de-4db6-a9e3-98d648c8af53
Resolver rationale and source record
Operator note: resolved VOID 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.
