Market Pulse

Scan

Market Pulse

raw scan snapshot — prices as of scan date, not live 62 rows · screens, not recommendations superseded by2026-05-01-market-pulseported fromresearch/classic/scans/_archive/2026-03-13-market-pulse.mdscan slugmarket-pulsesource typescan-archive

Broad market weakness across the board: SPY RSI 33.7, DIA RSI 36.7, IWM RSI 35.3 — all approaching oversold territory. Energy (XLE RSI 69.4) and oil (USO RSI 85.9) are the only sectors showing strength. Homebuilders in freefall: XHB RSI 24.1, ITB RSI 22.1. Financials breaking down with XLF RSI 28.9. Gold holds strong-up trend at $460.85. VIX rising with VIXY +16.3% 30D.


Quick Snapshot

Signal Reading
Overall 🔴 RISK-OFF — Broad indices oversold (SPY 33.7, VTI 33.3), homebuilders crashing (ITB -17% 30D), financials breaking down (XLF -5.4% 30D, RSI 28.9). Energy the lone bright spot with oil parabolic (USO +58% 30D). Gold/silver holding as safe havens.
Leaders USO (+58.3% 30D, RSI 85.9), XLE (+5.8% 30D, RSI 69.4), SLV (+13.8% 30D), GLD (+2.8% 30D)
Laggards ITB (-17.1% 30D, RSI 22.1), XHB (-15.3% 30D, RSI 24.1), XLF (-5.4% 30D, RSI 28.9), EWJ (-9.6% 30D)

Price Table — Major Indices

Stock Price RSI SMA20 vs SMA 7D% 30D% Signal
SPY $662.36 33.7 $681.44 -2.8% -1.2% -3.0% 🟡 Approaching oversold
QQQ $593.72 40.0 $605.35 -1.9% -1.0% -1.3% 🟡 Below SMA, fading
DIA $469.45 36.7 $490.22 -4.2% -1.4% -5.0% 🟡 Approaching oversold
IWM $248.62 35.3 $259.78 -4.3% -2.1% -4.2% 🟡 Small caps weak
VTI $326.14 33.3 $336.17 -3.0% -1.3% -3.2% 🟡 Total market fading

Price Table — Sectors

Stock Price RSI SMA20 vs SMA 7D% 30D% Signal
XLK $138.33 45.0 $139.72 -1.0% +0.2% -0.6% 🟡 Tech neutral
XLF $48.91 28.9 $51.25 -4.6% -3.0% -5.4% 🔴 Financials breakdown
XLE $57.51 69.4 $55.61 +3.4% +0.4% +5.8% 🟠 Energy near overbought
XLV $150.93 35.5 $156.24 -3.4% -0.8% -3.3% 🟡 Healthcare weak
XLI $166.12 36.8 $174.04 -4.5% -2.3% -3.8% 🟡 Industrials fading
XLU $46.83 59.4 $46.70 +0.3% -1.0% +3.5% 🟢 Utilities strong
XLP $84.51 39.7 $87.64 -3.6% -1.2% -5.3% 🟡 Staples pulling back
XLY $112.40 33.0 $115.73 -2.9% -1.5% -3.2% 🟡 Consumer disc. weak
XLB $49.90 38.3 $52.04 -4.1% -3.1% -5.6% 🟡 Materials selling off
XLRE $42.35 43.0 $43.35 -2.3% -1.9% -1.2% 🟡 Real estate neutral
XLC $115.70 43.0 $116.56 -0.7% -1.3% +0.9% 🟡 Comms flat

Price Table — International

Stock Price RSI SMA20 vs SMA 7D% 30D% Signal
EFA $97.79 34.8 $102.44 -4.5% -0.4% -6.1% 🟡 Developed intl weak
EEM $57.24 38.8 $60.37 -5.2% +1.7% -6.0% 🟡 EM selling off
VWO $54.44 36.8 $56.88 -4.3% +1.4% -5.8% 🟡 EM weak
FXI $36.22 35.5 $37.40 -3.2% +2.5% -6.3% 🟡 China fading
EWJ $84.43 37.5 $89.58 -5.7% -0.2% -9.6% 🔴 Japan selloff

Price Table — Bonds & Safe Havens

Stock Price RSI SMA20 vs SMA 7D% 30D% Signal
TLT $87.11 38.7 $89.10 -2.2% -1.8% -2.1% 🟡 Long bonds weak
IEF $95.85 40.3 $96.80 -1.0% -0.5% -0.7% 🟡 10Y flat
BND $73.73 35.4 $74.49 -1.0% -0.6% -0.9% 🟡 Agg bonds weak
GLD $460.85 47.7 $470.59 -2.1% -1.5% +2.8% 🟢 Gold holding
SLV $77.06 50.0 $76.09 +1.3% +4.9% +13.8% 🟢 Silver surging

Price Table — Commodities & Volatility

Stock Price RSI SMA20 vs SMA 7D% 30D% Signal
USO $119.88 85.9 $91.35 +31.2% +11.6% +58.3% 🔴 Oil parabolic — overbought
COPX $80.29 41.0 $87.50 -8.2% -1.7% -7.9% 🟡 Copper pulling back
UNG $12.64 52.6 $12.09 +4.6% +3.9% +6.2% 🟡 Nat gas recovering
VIXY $32.46 60.1 $29.11 +11.5% +4.1% +16.3% 🟠 VIX rising

Price Table — Factors & Housing

Stock Price RSI SMA20 vs SMA 7D% 30D% Signal
VUG $456.93 41.0 $462.10 -1.1% +0.2% -0.7% 🟡 Growth neutral
VTV $197.63 33.2 $204.21 -3.2% -1.7% -3.4% 🟡 Value oversold
MTUM $244.82 42.6 $250.50 -2.3% +0.3% -2.2% 🟡 Momentum fading
QUAL $197.01 36.6 $202.25 -2.6% -1.0% -1.9% 🟡 Quality weak
RSP $194.68 33.0 $201.55 -3.4% -2.5% -3.0% 🟡 Equal-weight oversold
XHB $100.87 24.1 $112.93 -10.7% -6.3% -15.3% 🔴 Homebuilders crashing
ITB $93.19 22.1 $105.33 -11.5% -6.7% -17.1% 🔴 Home construction crashing

Tier Analysis

Extreme Oversold (RSI < 25) — Capitulation Territory

Stock RSI 30D% vs SMA Note
ITB 22.1 -17.1% -11.5% Homebuilder construction collapse
XHB 24.1 -15.3% -10.7% Homebuilder ETF crashing

Oversold (RSI 25-30) — Strong Entry Zone

Stock RSI 30D% vs SMA Note
XLF 28.9 -5.4% -4.6% Financials sector breakdown

Approaching Oversold (RSI 30-40)

Most of the market sits in this band: SPY (33.7), VTI (33.3), DIA (36.7), IWM (35.3), XLV (35.5), XLI (36.8), XLP (39.7), XLY (33.0), XLB (38.3), EFA (34.8), EEM (38.8), VTV (33.2), RSP (33.0), BND (35.4), TLT (38.7).

Overbought (RSI 70+) — Caution

Stock RSI 30D% Note
USO 85.9 +58.3% Oil parabolic — extremely overbought
VZ 71.7 +5.0% Telecom overbought (from defensive)

Entry Zones

Stock Entry Zone Thesis
SPY $645-660 RSI 33.7, approaching oversold. Broad market pullback. Wait for RSI < 30 for aggressive entry.
ITB Research first RSI 22.1, -17.1% 30D. Housing sector capitulation — verify macro drivers before entry.
XHB Research first RSI 24.1, -15.3% 30D. Same housing weakness.
XLF $47-49 RSI 28.9, financials breaking down. Could be cyclical or structural.
EWJ $82-84 Japan -9.6% 30D, RSI 37.5. Yen dynamics driving weakness.

Action Matrix

Action Stocks Why
🔍 WATCH SPY, QQQ, IWM RSI 33-40, approaching oversold. Wait for confirmation.
🔍 RESEARCH ITB, XHB RSI 22-24, capitulation. Need macro thesis validation.
🔍 RESEARCH XLF RSI 28.9, breakdown. Verify rate/credit cycle impact.
🔒 HOLD GLD, SLV Safe haven bid intact. Gold +67% 1Y, silver +151% 1Y.
⚠️ AVOID USO RSI 85.9, +58% 30D. Extremely overbought — don't chase.
🔒 HOLD XLU Defensive utilities holding well, RSI 59.4.

What Changed

Metric Previous Now Change
SPY ~$672 $662.36 🔴 -$10 — broad weakness accelerating
XLF ~$52 $48.91 🔴 Financials in breakdown
USO ~$76 $119.88 🔴 Oil parabolic move
ITB ~$105 $93.19 🔴 Homebuilders crashing
SLV ~$68 $77.06 🟢 Silver surge continues
VIXY ~$28 $32.46 🔴 VIX elevated

Bottom line: Risk-off regime. The market is broadly oversold with SPY, VTI, and RSP all near RSI 33. Homebuilders (ITB, XHB) are in capitulation territory. Financials are breaking down. The only winners are energy (oil parabolic), precious metals (gold/silver), and defensive utilities. VIX is rising. This is a market waiting for a catalyst — either a bounce from oversold or further deterioration into a correction.


The Gold

Key Discoveries:

  • Homebuilders (ITB RSI 22.1, XHB RSI 24.1) in deepest oversold of any sector — potential capitulation entry if housing thesis intact
  • Oil (USO RSI 85.9, +58% 30D) is the most extreme reading in the entire scan universe — parabolic and unsustainable
  • Silver (SLV +151% 1Y) massively outperforming gold (GLD +67% 1Y) — precious metals rotation accelerating
  • Financials (XLF RSI 28.9) breaking down while energy surges — stagflation regime emerging?

Mistakes to Avoid:

  • Don't chase oil at RSI 85.9 — parabolic moves always correct
  • Don't bottom-fish homebuilders without understanding rate environment
  • Don't assume SPY RSI 33 is "the bottom" — can stay oversold longer

Open Questions:

  • Is the housing weakness driven by rates, tariffs on materials, or demand destruction?
  • Is the financials breakdown a credit event signal or just sector rotation?
  • Will the VIX continue rising or has the selling exhausted?
10 events

No direct external sources are attached to this read.