Status — R33 Full-Scan Wrap-Up (2026-06-18 anchor)

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Status — R33 Full-Scan Wrap-Up (2026-06-18 anchor)

Full Scan R33 | 30 scans | 15 active/monitoring perspectives | down-stack rotation week | bull intact, sharply rotated

The cycle in one line: capital rotated down the AI stack to the physical layer (WFE, memory, power) while the application layer (SaaS, mega-cap ad) and space operators sold. Indices held near highs — internal rotation, not a top.

Market weather (2026-06-18 EOW close)

Price RSI 7D 30D Read
SPY $746.74 54.3 -1.0% -0.5% -1.8% from ATH; golden cross intact
QQQ $740.62 59 +0.4% +3.7% -2.5% from high
IWM $295.59 60.7 +0.3% +8.5% breadth healthy — broad, not just mega-cap
SMH $659.88 64.2 +1.5% +16.2% the engine; +67% 3M
VIXY $21.90 36.6 — -13.9% vol in regime-collapse
XLE $53.77 33.9 -2.4% -9.6% the weak sector; USO -24.9% 30D

Regime call: hold the down-stack leaders (don't chase the RSI-70 melt-up), add only on digestion toward SMA20, do not catch the app-software knife, avoid crude. NVDA was the pivot — flat (RSI 50.5, on SMA20) while its ecosystem (ARM +27% 30D, MRVL +49%) and physical suppliers led.

What R33 covered

30 scans (full universe) + 15 active/monitoring perspectives re-read (the rotation hit 5 high/critical perspectives at once on the bid side: ai-power-bottleneck, ai-power-delivery, memory-supercycle, nearline-storage, nuclear-fuel-cycle; spacex-ipo-liquidity-event + us-energy-dominance on the sold side) + 11 candidate themes + actions digest + targets + paper trades (4 personas) + this wrap.

Data caveat

Entire read anchored to the 2026-06-18 EOW close (Fri 06-19 Juneteenth; Mon 06-22 unpublished). The original run on 06-20 hit a price-feed throttle and died after the brief — this tail (perspectives, deep-dives, candidates, actions, trades, audit) was completed 06-22 on the same 06-18 anchor. Re-pull + re-confirm on the 06-22 repost before acting, especially the extended RSI-70+ leaders and the energy/USO $110 threshold.

Open / watched next week

  1. Breadth / SPX 7500 — a rejection would turn "rotation" into "distribution."
  2. Software floors — CRM (30), ADBE (28), NOW — bottom→pop→flag, not a bounce. None printed.
  3. NVDA reclaim — flat on SMA20; reclaim = stack re-accelerates, roll = WFE corrects first.
  4. Energy / USO $110 — washed out (-24.9% 30D); capitulation vs continuation.
  5. 06-22 EOD repost — confirm today's intraday against the close.

Sources: 30 scans (2026-06-20) + summaries (06-18 EOW) + ACTIVE.json. R33 wrap; tail completed 06-22.

Sources

Price, RSI and trend figures read from the desk's validated daily scan summaries (summaries). No number in this note was computed in prose.

2 events
DateTypeEvent
Jun 22 ArticleWeek in Review — The Rotation Down-Stack Jun 22 ArticleDaily Actions — R33 Full Scan (2026-06-18 anchor)

No direct external sources are attached to this read.