raw scansnapshot — prices as of scan date, not live64 rows · screens, not recommendationssuperseded by2026-04-26-etf-universeported fromresearch/classic/scans/_archive/2026-03-12-etf-universe.mdscan slugetf-universesource typescan-archive
Broad market in risk-off mode: VOO and VTI approaching oversold (RSI 37), INDA in capitulation (RSI 23.5), India and leveraged longs breaking down while GLD holds strong, cloud ETFs in structural downtrend, and SQQQ/SOXS inverse ETFs catching bids — regime shift accelerating.
Quick Snapshot
Signal
Reading
Overall
🔴 RISK-OFF ACCELERATING — Broad market weakening, most ETFs below SMA20, leveraged bulls getting crushed, gold/inverses leading
Leaders
GLD (RSI 52.5, +4.3% 30D, strong-up trend), ICLN (+12.4% 3M), TAN (+14.7% 3M), URA (+16.6% 3M)
GLD — RSI 52.5, +4.3% 30D, +0.1% above SMA. Strong-up trend intact. Gold holding as the only major risk-off safe haven with conviction. ICLN and SCHD also steady.
ICLN — RSI 53, +12.4% 3M. Clean energy quietly outperforming. Strong-up trend with SMA support.
SCHD / QYLD — Dividend income strategies holding near SMA. Defensive rotation bid.
Tier 2 — Approaching Oversold / Watch
VOO / VTI — RSI 37 and falling. Broad market near oversold but not yet a confirmed entry. Need RSI < 35 or stabilization for conviction.
IWM — RSI 35.3, -4.3% below SMA. Small caps deteriorating sharply from 62.6 three weeks ago. No longer the resilient outlier.
LQD — RSI 29.7, approaching deep oversold. Investment-grade bonds getting hit despite flight-to-safety narrative. Watch for flush and entry.
VYM / JEPI — Dividend ETFs weak. Unusual for risk-off — suggests broad institutional de-risking, not just rotation.
INDA — RSI 23.5, -8.3% 30D, strong-down trend, death cross. India continuing structural decline. Watch for RSI floor but don't rush.
FXI — RSI 35.5, -6.3% 30D. China large-cap rolling over. Death cross in place.
Tier 3 — Structural Downtrend (Avoid)
Cloud ETFs (WCLD, IGV, CLOU, SKYY) — All death cross, strong-down trend. WCLD -15.9% below SMA200, IGV -18.4% below SMA200. Not investable as ETFs until structure repairs.
Key divergence vs 03-03:IWM was the "resilient outlier" at RSI 62.6. It's now at RSI 35.3 — the safety of domestic-focus small caps has evaporated. Everything is being sold.
Key Discoveries
Discovery
Implication
IWM RSI collapsed from 62.6 → 35.3 in 9 days
The last "safe" equity haven broke down. Nowhere to hide in US equities now.
LQD RSI 29.7 — investment grade bonds oversold
Credit market selling = institutional deleveraging, not just sector rotation
Cloud ETFs all on death cross + strong-down
SaaS/software structural correction underway; ETFs not investable until trend repairs
GLD +4.3% 30D, +27.2% above SMA200, strong-up
Gold is the only confirmed long in this scan universe
Open Questions
LQD RSI 29.7: Is this a temporary flush or the start of a credit widening cycle?
INDA RSI 23.5: India weakness driven by domestic fundamentals or EM-wide risk-off?
Cloud ETFs: Will individual names (NET, CRWD) decouple from the ETF structural downtrend?
VOO RSI 37: Is this a dip-buy opportunity or the early stages of a 2022-style correction?
Scan universe: 45 ETFs across broad market, leveraged, sector, thematic, income, international, and fixed income. Date: 2026-03-12.