Last cycle's three leadership holdouts — AMAT, ONTO, and MKSI — all broke down together this week: AMAT's 30-day reading flipped from +9.02% to -14.17%, and ONTO and MKSI both round-tripped their positive 30-day gains into double-digit losses. CAMT, the one confirmed regime-collapse name flagged last cycle, actually upgraded back to a pullback regime even as its 30-day number kept deepening (-21.92% to -25.11%) — a genuinely mixed signal, not a clean repair.

Data as-of 2026-07-17 close for 13 of 14 names. LRCX carries a 2026-07-16 bar this cycle. Prior scan: 2026-07-11-wfe-test-metrology (data as-of 2026-07-10 close).

Every name in this book now carries a "pullback" regime tag — a genuinely uniform read that didn't exist last cycle, when the book was split between strong-up leaders, a mid-pack, and CAMT's lone confirmed collapse. ASML, which had already flagged its first negative 30-day print last cycle, lost its uptrend regime label entirely this cycle — RSI eased further to 47.9 and the 30-day reading deepened to -9.44%. AMAT, KLAC, and LRCX all followed the same path: AMAT's 30-day flipped from +9.02% to -14.17% (the sharpest reversal of the three, having been the strongest holdout last cycle), and both KLAC and LRCX deepened their already-negative 30-day reads substantially. ONTO and MKSI, both reading as improving or steady last cycle, round-tripped hard — ONTO's 30-day flipped from +5.90% to -16.15%, MKSI's from +6.74% to -20.1%. TER, shared with the supply-chain-traces book, confirmed its rollover with a much deeper 30-day print (-26.39%, was -5.72%). CAMT is the one name that moved in a different direction on its regime label — after being downgraded to collapse two cycles running, it's now tagged pullback again, even though its 30-day reading kept deteriorating (-21.92% → -25.11%). That combination — regime upgrade, momentum still worsening — reads as ambiguous rather than a genuine repair. BESIY, the one thesis-intact name, deepened further (30-day -29.91%, was -20.43%).

• AMAT: 30-day flipped from +9.02% to -14.17%, the sharpest reversal in the book; RSI 53.9 → 43.9, -28.39% from high (was -18.54%).
• ONTO: 30-day flipped from +5.90% to -16.15%; RSI 52.7 → 43.6, -27.59% from high (was -16.82%).
• MKSI: 30-day flipped from +6.74% to -20.1%; RSI 50.8 → 41.1, -27.46% from high (was -17.66%).
• ASML: regime downgraded from uptrend to pullback; 30-day deepened from -5.38% to -9.44%, RSI 51.1 → 47.9.
• KLAC: 30-day deepened from -4.00% to -18.03%; RSI 49.4 → 43.9.
• LRCX: 30-day deepened from -3.29% to -14.22% (on a 2026-07-16 bar); RSI 49.0 → 43.5.
• TER: 30-day deepened from -5.72% to -26.39% — the confirmed rollover from last cycle accelerated sharply, matching the supply-chain-traces read.
• KLIC: 30-day flipped from +1.60% to -20.23% — the flagged cooling from last cycle turned into an outright breakdown.
• CAMT: regime upgraded from collapse back to pullback, even as its 30-day reading deepened from -21.92% to -25.11% — a mixed signal, not a clean repair.
• BESIY: thesis still rated intact; 30-day deepened from -20.43% to -29.91%.

Regime and trend labels describe chart structure, not a trade call. The book converging to a single "pullback" tag is itself the headline this cycle — it means the dispersion between leaders and laggards that existed last cycle largely closed, mostly by the leaders coming down rather than the laggards repairing. CAMT's regime upgrade against a still-deepening 30-day number is the one genuinely ambiguous read here; treat it as a watch item for next cycle, not a resolved signal either way.

Tier A — Highest RSI, mildest damage (still pullback regime): ASML, ENTG. The least-damaged names in the book this cycle, though ASML lost its uptrend label.

Tier B — Broke down from last cycle's strength: AMAT, ONTO, MKSI, KLAC, LRCX. All five round-tripped a positive or flat 30-day reading into a double-digit loss.

Tier C — Confirmed rollover, continuing to deepen: TER, KLIC, AMKR, FORM, ACLS. TER's rollover is now shared and confirmed across two books.

Tier D — Thesis-intact pullback, still deteriorating: BESIY.

Tier E — Regime upgrade, mixed signal: CAMT (collapse → pullback, but 30-day still worsening) — the one name that improved on structure while its momentum kept deteriorating.

• Tape data (price/RSI/SMA/returns): full-scan pre-computed summaries as of the 2026-07-17 close — *.