Etf Universe
Etf Universe
2026-08-08 ETF Universe Scan — The Broad-Market And Tech Sleeve Confirm A Strong Rally, Gold Miners Break Above Their 200-Day, FXI Cools From Overbought
The broad-market and tech sleeve's snapback from three straight cooling cycles has now confirmed hard: QQQM's RSI climbed to 57.2 from 45.1 and its 30-day print flipped positive to +1.65% from -5.13%, with VOO (RSI 66.0, 30D +3.71%) and VTI (RSI 65.9, 30D +3.67%) both extending further into a breakout regime. The clearest single move belongs to the gold-miner complex — GDX's price closed back above its 200-day moving average (+2.9%, was -15.1%) for the first time in this tracked window, with RSI climbing to 70.3 from 46.2 and its 30-day print swinging to +22.25% from -1.29%; the mirror leveraged fund NUGT jumped to RSI 69.9 (was 45.0, 30D +45.28%) while inverse DUST fell to RSI 30.4 (was 51.3, 30D -37.06%). SOXL's 30-day deficit roughly halved to -19.77% from -47.27%, RSI improving to 47.0 from 39.7 on a fresh +5.99% single-day move — a second consecutive cycle of improvement after the air-pocket streak flagged two cycles back. FXI cooled from its overbought extreme, RSI easing to 64.7 from 72.0 after crossing above 70 last cycle. In the too-young cohort, SSPC and SPCQ both reversed hard out of their parabolic highs — SSPC's 30-day print flipped to -2.29% from +96.02%, SPCQ to -7.82% from +90.15%.
Data as-of the 2026-08-07 close. Source: etf-ideas, read directly — no computed math. Prior scan: 2026-07-31-etf-universe (2026-07-31 close).
Quick Snapshot
| Signal | Reading |
|---|---|
| Overall | 🟢 Broad-based risk-on confirms — the tech/index sleeve's snapback extends, gold miners break above their 200-day, and most of the universe's 30-day prints flipped positive |
| Broad-market/tech confirms | QQQM RSI 57.2 (was 45.1), 30D flipped to +1.65% from -5.13%; VOO/VTI both extended their breakout regime |
| Gold miners break out | GDX closed above its 200-day (+2.9%, was -15.1%) for the first time this window; RSI 70.3 (was 46.2), 30D +22.25% |
| SOXL's deficit halves | RSI 47.0 (was 39.7), 30D improved to -19.77% from -47.27% on a fresh +5.99% session |
| FXI cools from overbought | RSI 64.7 (was 72.0), pulled back after crossing 70 last cycle |
| Too-young cohort reverses out of parabolic | SSPC 30D -2.29% (was +96.02%), SPCQ 30D -7.82% (was +90.15%) — both round-tripped from their prior blow-off highs |
| Key insight | GDX's close above its 200-day is this cycle's clearest structural change — the SMA50/SMA200 death cross itself hasn't flipped, but the price has now cleared the level that would eventually force it to |
What's Going On
The broad-market and tech sleeve's snapback confirmed into a second straight cycle of improvement. QQQM ($297.70, RSI 57.2, was 45.1) and QQQ ($723.03, RSI 57.1, was 45.2) both extended their recovery, with the 30-day print flipping to +1.65%/+1.63% from -5.13%/-5.13% — the three-cycle cooldown flagged earlier is now fully reversed. VOO ($710.71, RSI 66.0, was 53.2) and VTI ($381.78, RSI 65.9, was 52.2) both pushed further into their breakout regime, 30D climbing to +3.71%/+3.67% from +0.17%/-0.29%. IWM ($301.56, RSI 59.4, was 46.8) — last cycle's clear divergence from the broad-market recovery — rejoined the group hard, 30D flipping to +2.75% from -2.71%. SMH ($582.70, RSI 52.7, was 42.7) continued stabilizing, 30D improving to -1.74% from -12.88%. VGT ($121.45, RSI 61.8, was 47.7), XLK ($187.97, RSI 59.1, was 46.5), and FTEC ($289.84, RSI 61.7, was 47.6) all moved the same direction, each 30-day print flipping to a solid positive from a mid-single-digit negative.
The gold-miner complex staged this cycle's most structurally significant move. GDX ($89.89, RSI 70.3, was 46.2) closed its price back above its 200-day moving average for the first time in this tracked window — vs-SMA200 flipped to +2.9% from -15.1% — even though the SMA50/SMA200 relationship that defines the fund's death-cross label hasn't crossed back yet. The 30-day print swung to +22.25% from -1.29%. NUGT, the leveraged mirror, jumped to RSI 69.9 (was 45.0), 30D +45.28% (was -4.48%) — a fresh +13.97% single session. The inverse, DUST, cratered to RSI 30.4 (was 51.3), 30D -37.06% (was -1.12%), a -14.01% single-day hit. GLD itself ($398.47, RSI 65.3, was 45.9) also strengthened — 30D +6.41% (was +0.25%) — though it remains death-crossed, vs-SMA200 still -3.2%. URA ($44.91, RSI 60.2, was 40.5) flipped its 30-day print to +7.80% from -9.52%, still death-crossed but the momentum shift is real.
SOXL's air-pocket streak is now confirmed reversing for a second straight cycle. RSI climbed to 47.0 from 39.7 on a fresh +5.99% single-day move, and the 30-day deficit narrowed sharply to -19.77% from -47.27% — roughly half the prior shortfall. SOXS, the inverse mirror, cooled in step: RSI 33.2, 30D -6.49% (was +40.6%), giving back its earlier spike entirely. TQQQ (RSI 55.6, was 43.5; 30D +2.41%, was -16.58%) and TECL (RSI 57.5, was 44.5; 30D +7.27%, was -18.56%) both flipped to positive 30-day prints. TNA (RSI 58.2, was 45.5; 30D +6.90%, was -9.05%) and QLD (RSI 56.2, was 44.1; 30D +2.30%, was -10.89%) followed the same pattern — the leveraged complex broadly confirming what looked like a tentative pause last cycle is now a genuine multi-cycle recovery.
FXI cooled from its overbought extreme after crossing above RSI 70 last cycle. RSI eased to 64.7 from 72.0, with the 30-day print still strongly positive at +8.16% (was +14.17%) — a pullback in momentum, not a reversal of the underlying trend. KWEB ($28.66, RSI 64.3, was 66.8) held roughly steady. EWZ ($35.34, RSI 45.9, was 59.4) cooled the most sharply of the group, 30D easing to +2.70% from +7.23%.
The too-young cohort saw its most dramatic single move: SSPC and SPCQ both round-tripped out of parabolic territory. SSPC ($12.81, RSI 41.9) crashed -31.24% in a single session, with the 30-day print flipping to -2.29% from a prior +96.02% — a complete reversal of last cycle's blow-off high. SPCQ ($15.80, RSI 41.2) fell -31.45% in a session, 30-day print flipping to -7.82% from +90.15%. Elsewhere in the cohort, stabilization continued: RONB (RSI 56.9, was 30.5; 30D -1.40%, was -13.13%) improved sharply, DOT-adjacent names like ENTL (30D +10.22%, was -51.46%) and LAZR (30D +11.80%, was -21.12%) both flipped to positive.
What Changed Since Prior Scan (2026-07-31 → 2026-08-07)
| Change | Read |
|---|---|
| QQQM/QQQ's snapback confirmed — RSI 45.1/45.2→57.2/57.1, 30D flipped to +1.65%/+1.63% from negative | The three-cycle cooldown is now fully reversed into a positive 30-day print |
| GDX closed above its 200-day — vs-SMA200 -15.1%→+2.9%, RSI 46.2→70.3, 30D -1.29%→+22.25% | First close above the 200-day this tracked window; the SMA50/200 death cross itself hasn't flipped yet |
| NUGT/DUST both moved sharply — NUGT RSI 45.0→69.9, DUST RSI 51.3→30.4 | Leveraged gold-miner pair confirms the GDX breakout |
| SOXL's deficit roughly halved — 30D -47.27%→-19.77%, RSI 39.7→47.0 | Second straight cycle of improvement after the air-pocket streak |
| IWM rejoined the broad-market recovery — RSI 46.8→59.4, 30D -2.71%→+2.75% | Last cycle's clear divergence closed |
| FXI cooled from overbought — RSI 72.0→64.7 | Pulled back after crossing above 70 last cycle; 30D still strongly positive |
| SSPC/SPCQ both round-tripped from parabolic highs — SSPC 30D +96.02%→-2.29%, SPCQ +90.15%→-7.82% | Complete reversal of last cycle's blow-off move in the too-young cohort |
| URA flipped positive — 30D -9.52%→+7.80% | Still death-crossed, but the momentum shift is real |
How To Read The Board
Regime labels (uptrend/pullback/collapse/downtrend/too-young/breakout/basing) describe each fund's structural state, not a trade recommendation. This cycle's central story is a broad, near-universal risk-on move: the index/tech sleeve confirmed its snapback into a second cycle, and the gold-miner complex staged the most consequential single change — GDX's price closing back above its 200-day for the first time this window. That is a real structural improvement, but it is not the same as the SMA50/SMA200 death cross itself flipping, which hasn't happened yet on this data. FXI's cooldown from overbought is a pullback in momentum inside a still-strongly-positive 30-day trend, not a reversal. The too-young cohort's SSPC/SPCQ round-trip is a reminder that these newer, thinly-traded names carry outsized single-session swings in both directions.
Price Table
Broad Market
| Ticker | Price | RSI | 1D | 7D | 30D | 3M | vs SMA200 | Trend | Regime | Note |
|---|---|---|---|---|---|---|---|---|---|---|
| QQQM | $297.70 | 57.2 | +1.17% | +5.09% | +1.65% | +1.78% | +11.8% | strong-up | basing | Snapback confirmed into second straight cycle |
| QQQ | $723.03 | 57.1 | +1.17% | +5.09% | +1.63% | +1.77% | +11.8% | strong-up | basing | Tracks QQQM |
| VOO | $710.71 | 66.0 | +0.61% | +3.50% | +3.71% | +5.12% | +10.5% | strong-up | breakout | Extended further into breakout |
| VTI | $381.78 | 65.9 | +0.71% | +3.69% | +3.67% | +5.51% | +10.7% | strong-up | breakout | Tracks VOO closely |
| IWM | $301.56 | 59.4 | +1.11% | +3.56% | +2.75% | +6.37% | +13.2% | strong-up | basing | Rejoined the broad-market recovery |
| SMH | $582.70 | 52.7 | +1.96% | +7.80% | -1.74% | +2.85% | +27.8% | weak-down | pullback | Continued stabilizing |
| VGT | $121.45 | 61.8 | +1.55% | +7.34% | +5.18% | +8.14% | +20.0% | strong-up | basing | Flipped positive |
| XLK | $187.97 | 59.1 | +1.42% | +7.20% | +3.62% | +7.22% | +20.4% | strong-up | basing | Flipped positive |
| FTEC | $289.84 | 61.7 | +1.54% | +7.31% | +5.09% | +8.11% | +20.0% | strong-up | basing | Flipped positive |
Leveraged / Inverse (decay risk — heat gauge only)
| Ticker | Price | RSI | 1D | 7D | 30D | 3M | vs SMA200 | Regime | Note |
|---|---|---|---|---|---|---|---|---|---|
| SOXL | $140.25 | 47.0 | +5.99% | +22.25% | -19.77% | -20.74% | +39.1% | pullback | Deficit roughly halved, second confirming cycle |
| SOXS | $42.08 | 33.2 | -5.99% | -22.46% | -6.49% | -96.79% | -99.1% | collapse | Gave back its earlier spike entirely |
| TQQQ | $74.47 | 55.6 | +3.39% | +15.24% | +2.41% | -2.14% | — | pullback | Flipped positive |
| QLD | $92.21 | 56.2 | +2.31% | +10.21% | +2.30% | +0.60% | +19.5% | uptrend | Flipped positive |
| SSO / SPXL / UPRO | $71.68 / $296.33 / $155.06 | 64.9-65.3 | ~1.1-1.8% | 7.0-10.5% | +6.9-10.1% | +8.5-11.8% | +18.3-26.2% | basing | Extended further positive |
| TECL | $211.64 | 57.5 | +4.04% | +21.95% | +7.27% | +9.70% | +46.1% | pullback | Flipped positive |
| TNA | $74.68 | 58.2 | +3.25% | +10.47% | +6.90% | +14.82% | +33.0% | uptrend | Flipped positive |
| LABU | $277.23 | 58.5 | +5.69% | +21.91% | -12.60% | +46.00% | +52.6% | pullback | Still negative, improved sharply |
| NUGT | $160.84 | 69.9 | +13.97% | +45.14% | +45.28% | -16.93% | -10.0% | downtrend | Confirms the GDX breakout |
| DUST | $41.75 | 30.4 | -14.01% | -34.17% | -37.06% | -7.39% | -33.6% | downtrend | Cratered as gold miners rallied |
| SQQQ | $37.40 | 41.9 | -3.36% | -14.48% | -6.69% | -10.74% | -35.6% | collapse | — |
| LABD | $7.57 | 38.5 | -5.73% | -18.95% | +7.83% | -43.68% | -55.6% | collapse | 30D cooled from +17.48% as biotech rallied |
| FNGU / FNGD | $33.53 / $26.56 | 67.0 / 32.3 | +4.65% / -4.70% | +25.77% / -22.70% | +21.93% / -23.31% | +14.83% / -28.51% | +32.6% / -45.7% | uptrend / collapse | FNGU extended, FNGD cratered |
| TZA | $37.60 | 40.8 | -3.19% | -10.05% | -7.62% | -18.17% | -35.7% | collapse | Cooled from prior extension |
| TECS | $60.22 | 39.5 | -4.22% | -20.04% | -14.58% | -30.28% | -56.3% | collapse | Cooled |
Sector / Thematic
| Ticker | Price | RSI | 30D | vs SMA200 | Regime | Note |
|---|---|---|---|---|---|---|
| XBI | $157.37 | 60.0 | -3.44% | +21.1% | uptrend | Improved sharply from -6.09% |
| JETS | $32.54 | 56.4 | +2.36% | +16.9% | uptrend | Flipped positive |
| QTUM | $153.46 | 56.4 | +0.65% | +21.3% | uptrend | Flipped positive |
| WCLD | $39.01 | 70.3 | +15.55% | +23.7% | uptrend | Extended, approaching overbought |
| CLOU | $27.28 | 71.8 | +14.86% | +24.3% | uptrend | Extended, approaching overbought |
| SKYY | $156.17 | 72.8 | +12.47% | +22.9% | uptrend | Extended, approaching overbought |
| IGV | $102.69 | 68.5 | +11.04% | +8.8% | pullback | Extended sharply |
| GLD | $398.47 | 65.3 | +6.41% | -3.2% | pullback | Strengthened, still death-crossed |
| GDX | $89.89 | 70.3 | +22.25% | +2.9% | pullback | Closed back above 200-day |
| TAN | $52.75 | 48.1 | -2.57% | -4.1% | pullback | Big RSI improvement, cushion narrowed to -4.1% |
| ICLN | $18.30 | 46.8 | -3.94% | -1.7% | pullback | Improved sharply |
| URA | $44.91 | 60.2 | +7.80% | -7.2% | downtrend | Flipped positive, still death-crossed |
| KWEB | $28.66 | 64.3 | +8.52% | -8.1% | downtrend | Roughly steady |
| FXI | $36.17 | 64.7 | +8.16% | -1.9% | downtrend | Cooled from overbought (was 72.0) |
| INDA | $50.37 | 61.0 | +3.53% | -1.1% | basing | Roughly steady, thesis intact |
| EWZ | $35.34 | 45.9 | +2.70% | +0.7% | basing | Cooled the most sharply |
| DRAM | $50.60 | 43.5 | -18.44% | n/a | too-young | Improved from -23.52% |
| RONB | $23.26 | 56.9 | -1.40% | n/a | too-young | Improved sharply from -13.13% |
| IBB | $197.71 | 66.2 | +0.70% | +14.6% | uptrend | Not previously tracked in this scan's universe; biotech sleeve context only |
Income / Bonds
| Ticker | Price | RSI | 30D | vs SMA200 | Regime | Note |
|---|---|---|---|---|---|---|
| SCHD | $33.90 | 65.4 | +4.82% | +13.1% | breakout | Roughly steady, still elevated |
| VYM | $165.63 | 68.3 | +3.65% | +10.1% | breakout | Improved further |
| XYLD | $41.57 | 70.6 | +2.57% | +7.3% | breakout | Steady |
| DOGG | $22.08 | 59.9 | +2.79% | +6.5% | basing | Steady |
| JEPI | $57.58 | 67.9 | +2.53% | +4.1% | basing | Steady |
| QYLD | $18.14 | 58.5 | +1.06% | +7.2% | basing | Roughly flat |
| JEPQ | $59.74 | 58.2 | +1.72% | +7.2% | basing | Roughly flat |
| HYG | $79.61 | 61.9 | +0.42% | +1.7% | basing | Roughly flat |
| LQD | $106.55 | 48.0 | -0.62% | -0.9% | basing | Improved from -2.04%, back near flat |
*(Too-young cohort, broadly continuing to stabilize with two sharp reversals: RAM $10.38 RSI 38.6 30D -40.52% (improved from -48.42%), SPCH $8.28 RSI 44.4 30D -27.37% (improved sharply from -54.93%), SSPC $12.81 RSI 41.9 30D -2.29% (reversed hard from +96.02%), SPCQ $15.80 RSI 41.2 30D -7.82% (reversed hard from +90.15%), MRVU $110.10 RSI 48.9 30D -18.60% (improved from -56.85%), MVLL $27.11 RSI 48.6 30D -19.22% (improved from -57.11%, now carries a real SMA200 and shows as pullback regime rather than too-young), CDNG $10.95 RSI 41.1 30D -20.34% (roughly flat), FOMG $6.59 RSI 45.5 30D -2.09% (improved sharply from -54.3%), ENTL $8.85 RSI 51.9 30D +10.22% (flipped positive from -51.46%), CQTM $26.09 RSI 53.3 30D -5.74% (improved from -25.11%), WQTM $34.60 RSI 56.2 30D -0.37% (improved from -14.62%), DISK $33.00 RSI 37.9 30D -19.83% (improved from -27.9%), and LAZR $45.84 RSI 53.8 30D +11.80% (flipped positive from -21.12%) — broad stabilization with SSPC/SPCQ the standout reversals.)*
Tier Analysis
Snapback confirmed into a second cycle — QQQM, QQQ, VOO, VTI, IWM, VGT, XLK, FTEC. All extended their improvement and the broad-market group's 30-day prints are now uniformly positive.
Gold-miner complex breaks structure — GDX closed above its 200-day for the first time this window; NUGT and DUST both confirmed the move in the leveraged complex; GLD and URA both strengthened without yet flipping their death-cross status.
Leveraged air-pocket reversal, second confirming cycle — SOXL, TQQQ, TECL, TNA, QLD all flipped to positive 30-day prints after last cycle's tentative pause.
Cooled from overbought — FXI eased from RSI 72.0 to 64.7; KWEB held roughly steady.
Extended, approaching overbought — WCLD, CLOU, SKYY all pushed into the low-to-mid 70s RSI range.
Too-young cohort — two sharp reversals inside broad stabilization — SSPC and SPCQ both round-tripped from parabolic highs to negative 30-day prints; the rest of the cohort (RAM, SPCH, MRVU, MVLL, CDNG, FOMG, ENTL, CQTM, WQTM, DISK, LAZR) continued its broader stabilization trend.
Entry Zones
| Ticker | Price | Zone | RSI | vs SMA200 | Setup |
|---|---|---|---|---|---|
| SOXL | $140.25 | Watch for a third confirming cycle | 47.0 | +39.1% | Deficit roughly halved after two straight cycles of improvement |
| GDX | $89.89 | Extended — confirm the structural flip holds | 70.3 | +2.9% | Closed above the 200-day for the first time this window; death cross itself hasn't flipped |
| FXI | $36.17 | Cooled — no longer chasing an overbought print | 64.7 | -1.9% | Pulled back from RSI 72.0; 30-day trend still strongly positive |
| SSPC / SPCQ | $12.81 / $15.80 | Avoid until the reversal stabilizes | 41.9 / 41.2 | n/a | Both crashed out of parabolic highs in a single session |
Action Matrix
| Action | Stocks | Why |
|---|---|---|
| 🔒 HOLD | VOO, VTI, VGT, XLK, FTEC, XBI, CLOU, SKYY, WCLD, SCHD, VYM, income/bond sleeve | Structurally intact, broadly extending or steady |
| 🔍 WATCH — CONFIRMING RECOVERY | QQQM, QQQ, IWM, SOXL, SOXS, SMH, TQQQ, TECL, TNA, QLD | Extended a second straight cycle of improvement; watch for a third |
| ⚠️ EXTENDED — DON'T CHASE | GDX, NUGT, WCLD, CLOU, SKYY | RSI in the high 60s-70s after a sharp move; confirm before adding |
| 🔍 COOLED FROM OVERBOUGHT | FXI, KWEB | Pulled back from extended highs, trend still intact |
| 🔍 STRUCTURE STILL UNCONFIRMED | GLD, TAN, ICLN, URA | Momentum improved but death-cross status hasn't flipped |
| ⚠️ SHARP REVERSAL — VERIFY | SSPC, SPCQ | Round-tripped from parabolic highs in a single session |
| ⚠️ NO BASELINE / MIXED | DRAM, RONB, RAM, SPCH, MRVU, MVLL, CDNG, FOMG, ENTL, CQTM, WQTM, DISK, LAZR | Too-young; broadly stabilizing |
What To Watch Next
| Watch | Why it matters |
|---|---|
| Whether GDX's death cross (SMA50 vs SMA200) eventually flips | Price has already cleared the 200-day; the underlying moving-average relationship hasn't caught up yet |
| Whether the broad-market/tech snapback holds a third cycle | Two straight cycles of improvement; a third would confirm this as a durable trend, not a bounce |
| SOXL's next print | Deficit roughly halved over two cycles — confirm whether the recovery continues or stalls |
| FXI's next print after cooling from overbought | Trend still strongly positive on 30D even as RSI pulled back |
| Whether SSPC/SPCQ stabilize or continue falling | Both round-tripped from parabolic highs in a single session |
| URA and TAN's death-cross status | Momentum improved sharply but neither has structurally flipped yet |
Sources
- Tape data (price/RSI/SMA/returns): full-scan pre-computed summaries as of the 2026-08-07 close — etf-ideas.
Related
9 eventsNo direct external sources are attached to this read.