The value structure of Stuart Davis is mid-key: quiet, controlled, and cohesive. Blues and teal-greys govern the palette, lending it an aquatic or atmospheric quality. The absence of saturated colour is itself an expressive choice: this is a palette of restraint and atmosphere. #A38E47 functions as the palette's exclamation mark: highest chroma, lowest percentage (2.8%). At 60 units of value range, the palette has the tonal breadth to sustain complex spatial readings. The mid-to-high key, cool bias, and moderate chroma point to outdoor observation - sky and diffused daylight as the dominant light source. Palette 2 sits within the larger chromatic argument that Stuart Davis's complete body of work advances.