ETF Universe
ETF Universe
Broad indices (SPY/QQQ/VTI) all in downtrends with RSI 33-35. The only things working: inverse ETFs (SQQQ, FNGD, TZA) and energy (XLE). Semis (SMH/SOXL) holding up better than tech (TECL/FNGU). Leveraged long ETFs are getting destroyed — TQQQ -24%, FNGU -41%, TECL -30% in 3M.
Price Table
| Symbol | Price | RSI | Trend | vsSma200 | 7D% | 30D% | 3M% | From High |
|---|---|---|---|---|---|---|---|---|
| Broad Market | — | — | — | — | — | — | — | — |
| VOO | $594.95 | 33.2 | down | -1.9% | +0.3% | -5.7% | -5.9% | -7.3% |
| VTI | $319.67 | 34.5 | down | -1.6% | +0.5% | -5.6% | -5.5% | -7.2% |
| QQQ | $573.79 | 34.7 | down | -3.1% | -0.3% | -5.4% | -7.5% | -9.9% |
| IWM | $247.43 | 43.3 | weak-down | +2.7% | +3.2% | -5.2% | -0.8% | -8.9% |
| Leveraged Long | — | — | — | — | — | — | — | — |
| TQQQ | $41.23 | 33.9 | down | -15.8% | -1.1% | -16.6% | -24.2% | -32.1% |
| UPRO | $95.21 | 32.2 | down | -11.3% | +0.5% | -17.2% | -19.8% | -22.5% |
| SPXL | $181.49 | 32.2 | down | -11.2% | +0.6% | -17.2% | -19.7% | -22.5% |
| SSO | $51.16 | 32.4 | down | -6.5% | +0.3% | -11.6% | -13.0% | -15.3% |
| QLD | $60.42 | 34.1 | down | -9.3% | -0.5% | -11.1% | -16.0% | -21.2% |
| Leveraged Inverse | — | — | — | — | — | — | — | — |
| SQQQ | $82.50 | 65.5 | up | +8.0% | -0.4% | +17.4% | +25.4% | -71.5% |
| FNGD | $77.12 | 68.1 | strong-up | +33.6% | +4.7% | +15.1% | +50.9% | -72.1% |
| TZA | $7.12 | 55.4 | weak-up | -13.6% | -10.5% | +21.3% | +2.0% | -72.3% |
| Sector / Thematic | — | — | — | — | — | — | — | — |
| SMH | $380.61 | 41.9 | weak-down | +11.8% | +2.5% | -6.3% | +4.5% | -11.1% |
| SOXL | $48.96 | 41.5 | weak-down | +19.8% | +9.0% | -22.0% | +11.7% | -32.3% |
| TECL | $86.50 | 35.9 | strong-down | -19.6% | -0.8% | -18.3% | -30.2% | -44.4% |
| FNGU | $15.42 | 30.2 | strong-down | -38.7% | -5.4% | -16.2% | -40.7% | -54.8% |
| TNA | $44.19 | 41.9 | down | -0.9% | +9.4% | -20.6% | -8.9% | -27.0% |
Key Observations
Broad Market Bear Posture: VOO RSI 33.2, QQQ RSI 34.7, VTI RSI 34.5 — all in downtrends but golden crosses still intact. We're in correction territory (-6% to -10% from highs), not crash territory. The golden crosses are the last line of defense.
Semis vs Tech Divergence: SMH +11.8% above SMA200 vs TECL -19.6% below SMA200. The chip shortage / AI infrastructure buildout is providing a floor for semis that pure software/tech doesn't have. SOXL still +19.8% above SMA200 despite -22% 30D.
FNGU at Death's Door: RSI 30.2, -38.7% vs SMA200, -54.8% from high. This 3x FAANG+ ETF captures the mega-cap tech destruction. MSFT, META, ADBE death crosses dragging it down.
Small Caps (IWM) Holding Up Better: RSI 43.3, only -0.8% 3M vs QQQ -7.5% 3M. IWM is +2.7% above SMA200. Small caps are benefiting from tariff beneficiary narrative (domestic revenue exposure).
Inverse ETFs Thriving: SQQQ +25.4% 3M, FNGD +50.9% 3M. These capture the downtrend perfectly but are decay vehicles — only useful for tactical shorts.
Entry Zones
| Symbol | Entry Zone | Stop | Rationale |
|---|---|---|---|
| VOO | $570–$590 | $555 | RSI 33.2 near oversold; golden cross intact |
| QQQ | $555–$570 | $540 | Broad tech; golden cross still holding |
| SMH | $360–$375 | $340 | Semi strength; +11.8% vs SMA200 buffer |
| IWM | $235–$245 | $225 | Small cap relative strength; +2.7% vs SMA200 |
Action Matrix
| Symbol | Action | Rationale |
|---|---|---|
| VOO/VTI | Accumulate on weakness | RSI 33; golden cross; long-term core position |
| QQQ | Watch | Down trend; golden cross buffer thinning |
| IWM | Hold/add | Best relative strength; domestic exposure helps |
| SMH | Hold | +11.8% vs SMA200; semi strength |
| TQQQ/UPRO/SPXL | Avoid new entries | Leverage destroying capital in downtrend |
| FNGU | Avoid | -38.7% vs SMA200; mega-cap death spiral |
| SQQQ/FNGD | Tactical only | Inverse decay; only if actively managing hedge |
What Changed
- Leveraged destruction accelerating: FNGU -40.7% 3M, TECL -30.2% 3M — leverage cuts both ways
- IWM outperforming: Small caps only -0.8% 3M vs QQQ -7.5% — tariff beneficiary rotation
- Golden crosses holding (barely): VOO/VTI/QQQ all still have golden crosses despite RSI 33-35
- Inverse ETFs working: FNGD +50.9% 3M captures the tech bear perfectly
Data: 2026-03-26 pre-computed summaries.
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