raw scan snapshot — prices as of scan date, not live 96 rows · screens, not recommendations ported fromresearch/classic/scans/2026-05-29-etf-universe.md
Broad market ETFs broadly overbought — QQQ/QQQM RSI 77, TECL RSI 79.5, SOXL RSI 71, FNGU RSI 77; leveraged bulls near exhaustion after explosive semi/tech rip. Inverse ETFs (SOXS, SQQQ, TECS, FNGD) at RSI 21-27, historically signaling sentiment extreme. Gold/GLD cooling (-14.9% 3M, RSI 44.6). KWEB, EWZ, FXI and EM lagging badly. Bond ETFs (HYG, LQD) stable.
Quick Snapshot
| Signal | Reading |
|---|
| Overall | 🟠 Near Overbought — broad market melt-up continues; bulls at RSI 73-82; SOXL +76.7% 30D is the parabolic standout |
| Key insight | Leveraged inverses (SOXS RSI 26, TECS RSI 22, SQQQ RSI 24) at capitulation lows — sentiment extreme favoring bulls but risk of reversal elevated |
Price Table (Sorted by RSI Descending)
| Stock | Price | RSI | vs SMA20 | 7D% | 30D% | 3M% | Trend | 52wkHi | Signal |
|---|
| JEPQ | $61.15 | 81.5 ↑ | +2.1% | +1.2% | +4.2% | +8.4% | strong-up | -0.0% | ⚠️ Overbought |
| SKYY | $144.57 | 80.1 ↑ | +11.2% | +2.3% | +21.7% | +30.9% | up | -0.1% | ⚠️ Overbought |
| XLK | $191.02 | 79.8 ↑ | +8.5% | +3.7% | +19.8% | +37.1% | strong-up | -0.3% | ⚠️ Overbought |
| TECL | $245.39 | 79.5 ↑ | +25.7% | +11.3% | +67.8% | +139.5% | strong-up | -0.9% | ⚠️ Overbought |
| FTEC | $289.25 | 78.5 ↑ | +7.3% | +3.2% | +17.4% | +32.3% | strong-up | -0.3% | ⚠️ Overbought |
| VGT | $121.06 | 78.4 ↑ | +7.2% | +3.0% | +17.3% | +32.1% | strong-up | -0.4% | ⚠️ Overbought |
| QQQM | $303.96 | 77.2 | +4.1% | +2.5% | +10.6% | +21.6% | strong-up | -0.5% | ⚠️ Overbought |
| FNGU | $34.76 | 77.1 | +19.4% | +14.3% | +42.5% | +83.2% | up | -0.6% | ⚠️ Overbought |
| QQQ | $738.31 | 77.1 | +4.1% | +2.5% | +10.6% | +21.6% | strong-up | -0.4% | ⚠️ Overbought |
| XYLD | $40.73 | 76.9 ↑ | +1.2% | +0.6% | +2.1% | +2.9% | strong-up | -0.9% | ⚠️ Overbought |
| TAN | $73.93 | 76.9 ↑ | +15.4% | +10.8% | +26.6% | +31.2% | strong-up | -2.2% | ⚠️ Overbought |
| TQQQ | $84.56 | 76.5 | +12.0% | +7.4% | +33.1% | +70.4% | strong-up | -1.3% | ⚠️ Overbought |
| IGV | $101.66 | 76.4 ↑ | +10.9% | +2.5% | +21.2% | +22.8% | up | -13.8% | ⚠️ Overbought |
| DRAM | $63.20 | 76.2 ↑ | +20.6% | +17.9% | +60.7% | +127.7% | neutral | -1.7% | ⚠️ Overbought |
| SOXL | $224.34 | 71.4 | +27.0% | +18.8% | +76.7% | +257.5% | strong-up | -7.6% | ⚠️ Near Overbought |
| CLOU | $24.27 | 71.2 | +8.2% | +1.0% | +21.5% | +28.3% | up | -0.2% | ⚠️ Near Overbought |
| WCLD | $32.95 | 70.3 | +11.7% | +2.0% | +21.6% | +18.8% | up | -11.2% | ⚠️ Near Overbought |
| ICLN | $23.57 | 72.7 | +8.0% | +4.8% | +13.5% | +28.6% | strong-up | -0.9% | ⚠️ Near Overbought |
| SMH | $598.93 | 70.8 | +6.6% | +3.9% | +18.2% | +47.4% | strong-up | -2.2% | 🔒 Hold |
| QLD | $98.46 | 76.8 ↑ | +8.0% | +5.0% | +21.5% | +44.5% | strong-up | -0.9% | ⚠️ Overbought |
| QYLD | $18.08 | 69.4 | +1.0% | +1.0% | +1.6% | +5.7% | strong-up | -0.4% | 🔒 Hold |
| JETS | $29.32 | 68.0 | +9.2% | +8.5% | +15.3% | +5.9% | up | -6.4% | 🔒 Hold |
| RONB | $24.39 | 69.0 | +4.5% | +2.1% | +5.1% | -0.2% | neutral | -5.0% | 🔒 Hold |
| SSO | $69.44 | 73.3 | +4.4% | +2.4% | +10.3% | +19.9% | strong-up | -0.4% | ⚠️ Overbought |
| SPXL | $284.65 | 73.1 | +6.6% | +3.6% | +15.5% | +29.8% | strong-up | -0.7% | ⚠️ Overbought |
| UPRO | $149.18 | 73.1 | +6.5% | +3.5% | +15.5% | +29.7% | strong-up | -0.6% | ⚠️ Overbought |
| VTI | $372.54 | 73.1 | +2.4% | +1.4% | +5.2% | +10.2% | strong-up | -0.2% | ⚠️ Near Overbought |
| VOO | $695.49 | 74.1 | +2.3% | +1.2% | +5.3% | +10.5% | strong-up | -0.2% | ⚠️ Near Overbought |
| TNA | $68.69 | 62.5 | +6.8% | +8.0% | +12.1% | +26.7% | strong-up | -2.5% | 🔒 Hold |
| IWM | $290.43 | 63.8 | +2.5% | +2.7% | +4.5% | +10.3% | strong-up | -0.9% | 🔒 Hold |
| LABU | $195.30 | 57.1 | +6.6% | +6.7% | +10.0% | +15.2% | strong-up | -8.1% | 🔒 Hold |
| XBI | $136.69 | 58.4 | +2.5% | +2.3% | +4.1% | +8.0% | strong-up | -1.8% | 🔒 Hold |
| SCHD | $32.50 | 64.3 | +1.5% | -0.5% | +1.3% | +2.9% | strong-up | -1.3% | 🔒 Hold |
| VYM | $159.19 | 64.9 | +1.5% | -0.0% | +1.3% | +3.3% | strong-up | -0.3% | 🔒 Hold |
| HYG | $80.31 | 59.5 | +0.5% | +0.4% | +0.4% | +1.0% | strong-up | -1.3% | 🔒 Hold |
| LQD | $109.36 | 58.4 | +0.8% | +1.0% | +0.9% | -0.6% | up | -3.2% | 🔒 Hold |
| DOGG | $21.31 | 51.7 | +0.7% | +0.1% | -0.3% | -5.4% | strong-up | -9.3% | 🔍 Watch |
| INDA | $48.56 | 49.3 | +0.0% | +0.6% | -1.7% | -4.7% | weak-up | -13.3% | 🔍 Watch |
| JEPI | $56.04 | 42.8 | -0.3% | -0.1% | -1.9% | -4.2% | weak-down | -6.4% | 🔍 Watch |
| NUGT | $170.65 | 46.7 | -1.4% | +7.0% | -0.1% | -44.9% | down | -46.8% | 🔍 Research |
| DUST | $49.04 | 48.4 | -2.9% | -7.2% | -7.5% | +38.7% | strong-down | -82.4% | 🔍 Research |
| GLD | $417.12 | 44.6 | -1.0% | -0.0% | -1.5% | -14.9% | weak-down | -18.2% | 🔍 Watch |
| GDX | $89.49 | 48.6 | +0.1% | +3.4% | +1.4% | -22.4% | weak-down | -23.6% | 🔍 Watch |
| URA | $50.76 | 46.5 | -3.0% | +3.5% | -10.0% | -10.1% | weak-down | -18.5% | 🔍 Watch |
| EWZ | $35.91 | 36.2 | -4.3% | -0.6% | -9.6% | -7.1% | weak-down | -14.5% | 🔍 Research |
| KWEB | $26.73 | 36.2 | -5.9% | -1.2% | -7.1% | -12.8% | strong-down | -38.4% | 🔍 Research |
| FXI | $35.05 | 36.0 | -3.9% | -1.2% | -4.7% | -5.0% | strong-down | -16.6% | 🔍 Research |
| TZA | $4.33 | 36.2 | -7.5% | -7.8% | -12.7% | -27.8% | strong-down | -70.1% | ❌ Don't Buy |
| LABD | $12.77 | 40.5 | -8.5% | -6.7% | -13.9% | -29.1% | strong-down | -85.8% | ❌ Don't Buy |
| SQQQ | $38.08 | 24.0 ↓ | -11.8% | -7.2% | -26.3% | -45.6% | strong-down | -68.5% | ❌ Don't Buy |
| SOXS | $6.33 | 26.5 ↓ | -29.6% | -19.1% | -52.4% | -82.2% | strong-down | -97.6% | ❌ Don't Buy |
| TECS | $6.67 | 21.8 ↓ | -23.5% | -10.8% | -43.2% | -63.8% | strong-down | -81.5% | ❌ Don't Buy |
| FNGD | $30.47 | 24.3 ↓ | -18.6% | -13.4% | -32.8% | -53.2% | strong-down | -65.1% | ❌ Don't Buy |
Tier Analysis
Sector ETF Leaders (RSI 65-85 — riding the bull)
| Ticker | Category | 30D% | 3M% | Note |
|---|
| DRAM | Memory semis | +60.7% | +127.7% | RSI 76 — memory supercycle ripping |
| SOXL | 3x Semis | +76.7% | +257.5% | RSI 71 — parabolic; leveraged semi conviction |
| TECL | 3x Tech | +67.8% | +139.5% | RSI 79.5 — extreme but trend intact |
| FNGU | 3x FAANGs | +42.5% | +83.2% | RSI 77 — mega-cap tech acceleration |
| TAN | Solar | +26.6% | +31.2% | RSI 77 — energy transition rip |
| SKYY | Cloud | +21.7% | +30.9% | RSI 80 — cloud SaaS recovery |
| ICLN | Clean energy | +13.5% | +28.6% | RSI 73 — energy transition play |
Broad Market Core (RSI 62-74 — healthy trend)
| Ticker | Category | 30D% | 3M% | Note |
|---|
| QQQ/QQQM | Nasdaq 100 | +10.6% | +21.6% | RSI 77 — benchmark melt-up |
| VOO | S&P 500 | +5.3% | +10.5% | RSI 74 — broad market solid |
| VTI | Total market | +5.2% | +10.2% | RSI 73 — wide-market confirmation |
| IWM | Small caps | +4.5% | +10.3% | RSI 64 — small caps participating |
| JETS | Airlines | +15.3% | +5.9% | RSI 68 — travel recovery thesis alive |
Defensives / Yield (Mixed)
| Ticker | Category | 30D% | RSI | Note |
|---|
| JEPQ | Nasdaq covered-call | +4.2% | 81.5 | Premium at ATH — overbought but income stream intact |
| SCHD | Dividend | +1.3% | 64.3 | Healthy — low vol, underperforming tech |
| VYM | Div yield | +1.3% | 64.9 | Same shape as SCHD |
| JEPI | S&P covered-call | -1.9% | 42.8 | Lagging — rotation away from covered-calls |
Laggards & Contrarian Watch (RSI 36-50)
| Ticker | Category | 30D% | 3M% | Note |
|---|
| GLD | Gold | -1.5% | -14.9% | RSI 44.6 — gold cooling hard after run; EM risk-off bid fading |
| GDX | Gold miners | +1.4% | -22.4% | RSI 48.6 — miners lagging gold; no thesis |
| URA | Uranium | -10.0% | -10.1% | RSI 46.5 — nuclear pullback; KWEB parallel |
| KWEB | China tech | -7.1% | -12.8% | RSI 36.2 — China still weak; -38.4% from high |
| FXI | China large-cap | -4.7% | -5.0% | RSI 36 — no bottom signal |
| EWZ | Brazil | -9.6% | -7.1% | RSI 36.2 — EM lagging |
Entry Zones
OVERSOLD SENTIMENT SIGNAL (Inverse ETF RSI < 27)
| ETF | Current | RSI | 30D | Notes |
|---|
| SOXS | $6.33 | 26.5 ↓ | -52.4% | 3x inverse semi at RSI 26 = maximum bull conviction; SOXL is the play, not SOXS |
| SQQQ | $38.08 | 24.0 ↓ | -26.3% | 3x inverse QQQ at RSI 24 = sentiment extreme; confirms bull momentum but not entry |
| TECS | $6.67 | 21.8 ↓ | -43.2% | 3x inverse tech at RSI 22; confirms tech melt-up |
| FNGD | $30.47 | 24.3 ↓ | -32.8% | 3x inverse FAANG at RSI 24; confirms mega-cap momentum |
CONTRARIAN WATCH — EM & Commodities (RSI 36-47)
| ETF | Current | Zone | RSI | 30D | Action | Notes |
|---|
| KWEB | $26.73 | $24-27 | 36.2 | -7.1% | 🔍 Research | China tech -38% from high; no catalyst yet |
| FXI | $35.05 | $33-36 | 36.0 | -4.7% | 🔍 Research | Macro risk; wait for stabilization |
| GLD | $417.12 | $400-420 | 44.6 | -1.5% | 🔍 Watch | Gold cooling; check if dollar/rate shift changes thesis |
| URA | $50.76 | $48-52 | 46.5 | -10.0% | 🔍 Watch | Uranium thesis intact but sentiment soft |
Action Matrix
| Action | ETFs | Why |
|---|
| 🔒 HOLD | SOXL, TECL, FNGU, SMH, TQQQ | Leveraged longs in strong trend; trailing stops intact |
| 🔒 HOLD | VOO, QQQ, VTI, IWM, SCHD | Core broad market — trend solid, not yet dangerous |
| ⚠️ AVOID ADDING | SKYY, XLK, FTEC, VGT, JEPQ | RSI 78-82 — don't chase at these levels |
| 🔍 WATCH | KWEB, FXI, EWZ | EM laggards — only if macro regime shifts |
| 🔍 WATCH | GLD, GDX, URA | Commodity/nuclear pullbacks; reassess if dollar weakens |
| ❌ DON'T BUY | SOXS, SQQQ, TECS, FNGD | Inverse ETFs at RSI 22-27 = fighting the trend |
| 🔍 RESEARCH | NUGT, JETS | Gold miners / airlines off the peak, need catalyst check |
What Changed
- Semis ripping further: SOXL now +257.5% 3M — parabolic but trend holding; DRAM +127.7% confirms memory supercycle
- Cloud ETFs woke up: SKYY, WCLD, CLOU, IGV all +21-31% 30D — SaaS earnings recovery broadening
- Clean energy joining: TAN +26.6% 30D, ICLN +13.5% — energy transition catching the broad risk bid
- Gold/GLD rolling: -14.9% 3M, RSI 44.6 — prior safe-haven bid exhausted; miners worse
- China still lagging: KWEB, FXI RSI 36 — no macro catalyst visible
- Inverse ETFs at extremes: SOXS/TECS/SQQQ at RSI 21-26 — historically a sentiment extreme favoring bulls
The Gold
Key Discoveries
| Discovery | Implication |
|---|
| DRAM +127.7% 3M, RSI 76 | Memory supercycle ETF confirming our memory-supercycle thesis — monitor for exhaustion |
| SOXL +257.5% 3M, inverses at RSI 21-26 | Leveraged bull conviction at extreme — trailing stops critical; don't add at peak |
| SKYY/WCLD/CLOU all +21% 30D | Cloud SaaS ETFs recovering from deep lows — individual SaaS names (SNOW, DDOG) leading |
| TAN/ICLN joining the rip | Energy transition joining the risk-on wave — sector rotation broadening |
Open Questions
- Is DRAM/SOXL parabola sustainable or is a reversal near? Watch for RSI divergence
- GLD -14.9% 3M: does dollar weakness return and restart the gold bid?
- KWEB at RSI 36: is China tech a contrarian entry or a value trap?
No direct external sources are attached to this read.