Etf Universe
Etf Universe
2026-08-14 ETF Universe Scan — FXI And KWEB Both Crash Out Of Overbought, SOXS Falls To The Lowest RSI In The Universe As SOXL Confirms A Third Recovery Cycle, SSPC/SPCQ Extend Their Slide
FXI's RSI collapsed to 46.4 from 64.7 and KWEB's fell to 46.0 from 64.3 — both dropping roughly 18 points in a single cycle, the sharpest cooldowns anywhere in this universe — with FXI's 30-day print cooling to +1.78% from +8.16% and KWEB's flipping to a flat +0.04% from +8.52%. SOXS, the inverse-semiconductor leveraged fund, fell to RSI 26.9 — the lowest reading anywhere in this 68-name universe this cycle — while its long counterpart SOXL confirmed a third straight cycle of recovery, RSI climbing to 49.4 (was 47.0) and the 30-day deficit narrowing further to -12.44% from -19.77%, the improvement flagged as a "watch for a third cycle" item last scan. GDX held its breakout above the 200-day (vs-SMA200 +2.4%, was +2.9%) even as RSI eased from 70.3 to 66.4 — a genuine second-cycle confirmation of the structural break, momentum simply cooling from its extreme. SSPC and SPCQ, which round-tripped from parabolic highs two cycles back, both extended their slide this cycle — SSPC's 30-day print deepened to -29.17% from -2.29%, SPCQ's to -31.09% from -7.82%. In the income sleeve, SCHD, JEPI, and XYLD all pushed further into overbought (RSI 72.6/73.5/72.3, up from 65.4/67.9/70.6).
Data as-of the 2026-08-14 close. Source: etf-ideas, read directly — no computed math. Prior scan: 2026-08-08-etf-universe (2026-08-07 close).
Quick Snapshot
| Signal | Reading |
|---|---|
| Overall | 🟡 A mixed cycle — the broad-market/tech sleeve holds roughly steady, but two of this cycle's clearest single-name stories (FXI/KWEB, SSPC/SPCQ) both moved the wrong direction |
| FXI/KWEB crash out of overbought | FXI RSI 46.4 (was 64.7), KWEB RSI 46.0 (was 64.3) — both fell ~18 points, the sharpest cooldowns tracked here this cycle |
| SOXS hits the universe low | RSI 26.9 (was 33.2) — lowest reading anywhere in this scan this cycle; SOXL confirms a third recovery cycle at RSI 49.4, 30D deficit narrowed to -12.44% |
| GDX holds its breakout | vs-SMA200 +2.4% (was +2.9%), RSI eased to 66.4 from 70.3 — structure intact, momentum cooling |
| SSPC/SPCQ extend their slide | SSPC 30D -29.17% (was -2.29%), SPCQ 30D -31.09% (was -7.82%) — continued deterioration, not stabilization |
| Income sleeve pushes into overbought | SCHD RSI 72.6, JEPI RSI 73.5, XYLD RSI 72.3 — all up sharply from the mid-to-high 60s last cycle |
| Key insight | The universe's central tension this cycle is a still-firm broad-market/tech base set against two sharp single-basket reversals (FXI/KWEB cooling hard, SSPC/SPCQ deepening their losses) — this is not the uniform risk-on move flagged two cycles ago |
What's Going On
The broad-market and tech sleeve held roughly steady, with modest further improvement rather than a fresh acceleration. QQQM ($301.01, RSI 59.7, was 57.2) and QQQ ($731.07, RSI 59.6, was 57.1) both extended slightly, 30-day prints holding near flat at +1.84%/+1.86% (was +1.65%/+1.63%). VOO ($713.61, RSI 66.0, was 66.0) sat essentially unchanged in RSI terms, 30D up to +2.86% from +3.71% — a mild cooldown in momentum inside a still-extended breakout regime. VTI ($383.85, RSI 66.9, was 65.9) improved modestly. IWM ($305.09, RSI 63.7, was 59.4) continued its recovery from two cycles back. SMH ($587.82, RSI 54.2, was 52.7) stayed roughly flat near neutral, 30D easing to -0.50% from -1.74%.
SOXS fell to the lowest RSI anywhere in this 68-name universe this cycle, while its long counterpart SOXL confirmed a third straight cycle of recovery. SOXS ($40.28, RSI 26.9, was 33.2) deepened its 30-day loss to -12.40% (was -6.49%) even as SOXL's own deficit kept shrinking — a genuine split inside the same leveraged pair. SOXL ($144.95, RSI 49.4, was 47.0) narrowed its 30-day deficit further to -12.44% from -19.77%, the third consecutive cycle of improvement after the original air-pocket streak. The rest of the leveraged-long complex mostly extended in step: TNA (RSI 62.6, was 58.2; 30D +8.15%, was +6.90%), TECL (RSI 58.8, was 57.5; 30D +10.42%, was +7.27%), QLD (RSI 58.8, was 56.2), and TQQQ (RSI 58.2, was 55.6) all improved further. LABU (RSI 56.9, was 58.5; 30D -0.36%, was -12.60%) nearly closed its entire 30-day gap. FNGU (RSI 61.5, was 67.0; 30D +10.98%, was +21.93%) cooled sharply from an extreme, while NUGT (RSI 65.6, was 69.9; 30D +43.88%, was +45.28%) eased from its own extreme without giving back the underlying gold-miner move.
GDX held its breakout above the 200-day for a second straight cycle even as its momentum cooled from an extreme. GDX ($89.97, RSI 66.4, was 70.3) stayed above its 200-day — vs-SMA200 +2.4%, was +2.9% — with the 30-day print holding near its prior level at +21.58% (was +22.25%). GLD ($401.48, RSI 63.3, was 65.3) extended further, 30D +7.82% (was +6.41%), and its death-cross cushion narrowed further to -2.6% from -3.2% — closer to a full flip than at any point in this tracked window. URA ($44.93, RSI 59.6, was 60.2) extended its 30-day print to +9.85% from +7.80%, still death-crossed at -7.0% below its 200-day.
FXI and KWEB both crashed out of overbought territory in what is this cycle's sharpest single-basket reversal. FXI ($34.89, RSI 46.4, was 64.7) and KWEB ($27.01, RSI 46.0, was 64.3) each fell roughly 18 RSI points — FXI's 30-day print cooled to +1.78% from +8.16%, and KWEB's flipped to a flat +0.04% from +8.52%. Both remain death-crossed, modestly below their 200-day (FXI -5.1%, KWEB -12.7%). EWZ ($33.93, RSI 36.6, was 45.9) cooled the hardest of the China/EM-adjacent group, 30D flipping negative to -5.43% from +2.70%. INDA ($49.78, RSI 53.7, was 61.0) also cooled, though its 30-day print held modestly positive at +2.18%.
SSPC and SPCQ, which round-tripped from parabolic highs two cycles back, both extended their slide rather than stabilizing. SSPC ($11.00, RSI 40.4, was 41.9) deepened its 30-day loss to -29.17% from -2.29%. SPCQ ($13.85, RSI 40.5, was 41.2) deepened to -31.09% from -7.82%. Elsewhere in the too-young cohort, the broader stabilization trend flagged in prior cycles continued: DRAM ($57.32, RSI 53.5, was 43.5; 30D -0.14%, was -18.44%) nearly fully recovered, RAM ($13.20, RSI 47.9, was 38.6; 30D -9.53%, was -40.52%) and SPCH ($9.00, RSI 47.9, was 44.4; 30D -4.05%, was -27.37%) both improved sharply, and MRVU/MVLL/FOMG/CQTM/WQTM all flipped their 30-day prints positive.
The income sleeve pushed further into overbought territory this cycle. SCHD ($34.52, RSI 72.6, was 65.4), JEPI ($58.02, RSI 73.5, was 67.9), and XYLD ($41.64, RSI 72.3, was 70.6) all extended sharply — JEPI is now the single highest-RSI name in the income/bond table. VYM (RSI 69.0, was 68.3) held roughly steady. LQD ($106.12, RSI 45.1, was 48.0) cooled slightly, still negative on the month.
What Changed Since Prior Scan (2026-08-07 → 2026-08-14)
| Change | Read |
|---|---|
| FXI and KWEB both crashed out of overbought — RSI 64.7/64.3→46.4/46.0 | Sharpest cooldowns anywhere in this universe this cycle; 30D prints cooled to +1.78%/+0.04% |
| SOXS fell to the universe low — RSI 33.2→26.9, 30D -6.49%→-12.40% | Lowest reading anywhere in this scan this cycle |
| SOXL confirmed a third recovery cycle — RSI 47.0→49.4, 30D deficit -19.77%→-12.44% | Answers last cycle's "watch for a third confirming cycle" |
| GDX held its breakout above the 200-day — vs-SMA200 +2.9%→+2.4% | Second straight cycle above the 200-day; momentum cooling from the extreme, not reversing |
| GLD's death-cross cushion narrowed further — vs-SMA200 -3.2%→-2.6% | Closest this fund has come to flipping in this tracked window |
| SSPC/SPCQ both extended their slide — SSPC 30D -2.29%→-29.17%, SPCQ -7.82%→-31.09% | Continued deterioration, not the stabilization the too-young cohort otherwise showed |
| Income sleeve pushed into overbought — SCHD/JEPI/XYLD RSI 65.4/67.9/70.6→72.6/73.5/72.3 | Broad extension in the low-vol sleeve |
| LABU nearly closed its 30-day gap — -12.60%→-0.36% | Sharpest single-cycle improvement in the leveraged-long complex |
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 does not extend the prior broad, near-universal risk-on move — the broad-market/tech sleeve mostly held its ground rather than accelerating, while two baskets (FXI/KWEB, SSPC/SPCQ) moved sharply the wrong direction. GDX holding above its 200-day for a second cycle is a genuine structural confirmation even as its RSI eased from an extreme — cooling momentum inside an intact structural break is different from the structure itself reversing. FXI and KWEB's simultaneous ~18-point RSI collapse is the standout single-cycle move in this scan; this desk has no corpus source identifying a driver for either move this session. SSPC/SPCQ's continued slide is a reminder that these newer, thinly-traded names carry outsized single-cycle swings in both directions and their earlier "round-trip" was not a floor.
Price Table
Broad Market
| Ticker | Price | RSI | 1D | 7D | 30D | 3M | vs SMA200 | Trend | Regime | Note |
|---|---|---|---|---|---|---|---|---|---|---|
| QQQM | $301.01 | 59.7 | -0.13% | +1.11% | +1.84% | +3.24% | +12.6% | strong-up | basing | Modest further extension |
| QQQ | $731.07 | 59.6 | -0.14% | +1.11% | +1.86% | +3.24% | +12.6% | strong-up | basing | Tracks QQQM |
| VOO | $713.61 | 66.0 | -0.19% | +0.41% | +2.86% | +5.33% | +10.5% | strong-up | breakout | RSI unchanged, 30D cooled from +3.71% |
| VTI | $383.85 | 66.9 | -0.12% | +0.54% | +3.07% | +6.12% | +10.8% | strong-up | breakout | Improved modestly |
| IWM | $305.09 | 63.7 | +0.52% | +1.17% | +3.15% | +10.16% | +14.0% | strong-up | basing | Continued its recovery |
| SMH | $587.82 | 54.2 | -0.22% | +0.88% | -0.50% | +5.66% | +27.3% | weak-down | pullback | Roughly flat near neutral |
| VGT | $122.56 | 62.4 | -0.35% | +0.91% | +5.20% | +8.29% | +20.3% | strong-up | basing | Extended further |
| XLK | $190.01 | 60.4 | -0.40% | +1.09% | +4.64% | +7.93% | +20.8% | strong-up | basing | Extended further |
| FTEC | $292.50 | 62.2 | -0.32% | +0.92% | +5.15% | +8.22% | +20.4% | strong-up | basing | Extended further |
Leveraged / Inverse (decay risk — heat gauge only)
| Ticker | Price | RSI | 1D | 7D | 30D | 3M | vs SMA200 | Regime | Note |
|---|---|---|---|---|---|---|---|---|---|
| SOXL | $144.95 | 49.4 | -0.28% | +3.35% | -12.44% | -11.71% | +40.4% | pullback | Deficit narrowed further, third confirming cycle |
| SOXS | $40.28 | 26.9 | +0.40% | -4.28% | -12.40% | -97.06% | -99.1% | collapse | Lowest RSI anywhere in this universe this cycle |
| TQQQ | $76.79 | 58.2 | -0.47% | +3.12% | +3.16% | +2.16% | +27.7% | pullback | Improved further |
| QLD | $94.15 | 58.8 | -0.30% | +2.10% | +2.77% | +3.50% | +21.1% | uptrend | Improved further |
| SSO / SPXL / UPRO | $72.20 / $299.31 / $156.63 | 64.5-65.0 | ~-0.4 to -0.7% | 0.7-1.0% | +5.2-7.4% | +8.9-12.5% | +18.4-26.4% | basing | Cooled slightly from prior extension |
| TECL | $217.67 | 58.8 | -1.32% | +2.85% | +10.42% | +11.69% | +48.0% | pullback | Extended further |
| TNA | $77.14 | 62.6 | +1.45% | +3.29% | +8.15% | +27.69% | +35.7% | uptrend | Extended further |
| LABU | $276.54 | 56.9 | +0.96% | -0.25% | -0.36% | +60.25% | +49.5% | pullback | Nearly closed its 30-day gap |
| NUGT | $160.82 | 65.6 | +3.67% | -0.01% | +43.88% | -1.95% | -10.4% | downtrend | Eased from last cycle's extreme |
| DUST | $41.54 | 32.7 | -3.69% | -0.50% | -36.09% | -19.73% | -32.0% | downtrend | Roughly steady, still deeply negative |
| SQQQ | $36.24 | 40.0 | +0.55% | -3.10% | -6.93% | -14.33% | -36.8% | collapse | Roughly steady |
| LABD | $7.57 | 39.9 | -0.66% | 0.00% | -4.30% | -48.47% | -54.1% | collapse | Reversed back negative from +7.83% |
| FNGU / FNGD | $33.06 / $26.78 | 61.5 / 36.0 | -2.71% / +2.88% | -1.40% / +0.83% | +10.98% / -15.49% | +14.12% / -28.47% | +30.4% / -44.7% | uptrend / collapse | FNGU cooled sharply from extreme, FNGD improved in step |
| TZA | $36.37 | 36.9 | -1.46% | -3.27% | -8.85% | -25.96% | -36.8% | collapse | Cooled further |
| TECS | $58.24 | 38.7 | +1.18% | -3.29% | -16.56% | -31.31% | -56.9% | collapse | Roughly steady |
Sector / Thematic
| Ticker | Price | RSI | 30D | vs SMA200 | Regime | Note |
|---|---|---|---|---|---|---|
| XBI | $157.41 | 58.2 | +0.76% | +20.0% | uptrend | Flipped positive from -3.44% |
| JETS | $31.56 | 50.2 | +0.99% | +12.9% | uptrend | Cooled meaningfully from RSI 56.4 |
| QTUM | $158.68 | 61.5 | +7.27% | +24.3% | uptrend | Improved sharply |
| WCLD | $40.77 | 69.2 | +17.53% | +28.9% | uptrend | Extended further, still elevated |
| CLOU | $28.42 | 69.9 | +17.88% | +29.0% | uptrend | Extended further |
| SKYY | $165.34 | 73.9 | +20.66% | +29.4% | uptrend | Highest RSI in this table, extended deeper into overbought |
| IGV | $104.08 | 64.0 | +10.79% | +10.6% | pullback | Cooled from RSI 68.5 |
| GLD | $401.48 | 63.3 | +7.82% | -2.6% | pullback | Death-cross cushion narrowed further |
| GDX | $89.97 | 66.4 | +21.58% | +2.4% | pullback | Holds above the 200-day for a second cycle |
| TAN | $51.97 | 46.2 | -6.86% | -5.8% | pullback | Reversed further negative |
| ICLN | $18.21 | 46.4 | -4.56% | -2.4% | pullback | Roughly steady |
| URA | $44.93 | 59.6 | +9.85% | -7.0% | downtrend | Extended, still death-crossed |
| KWEB | $27.01 | 46.0 | +0.04% | -12.7% | downtrend | Crashed out of overbought (was 64.3) |
| FXI | $34.89 | 46.4 | +1.78% | -5.1% | downtrend | Crashed out of overbought (was 64.7) |
| INDA | $49.78 | 53.7 | +2.18% | -2.0% | basing | Cooled from RSI 61.0 |
| EWZ | $33.93 | 36.6 | -5.43% | -3.7% | basing | Flipped negative, cooled the hardest |
| DRAM | $57.32 | 53.5 | -0.14% | n/a | too-young | Nearly fully recovered from -18.44% |
| RONB | $23.91 | 59.8 | +3.19% | n/a | too-young | Flipped positive, extended |
| IBB | $198.26 | 63.3 | +4.40% | +14.2% | uptrend | Improved from +0.70% |
*(Too-young cohort, broad stabilization continuing alongside two sharp negative outliers: RAM $13.20 RSI 47.9 30D -9.53% (improved sharply from -40.52%), SPCH $9.00 RSI 47.9 30D -4.05% (improved sharply from -27.37%), SSPC $11.00 RSI 40.4 30D -29.17% (deepened sharply from -2.29%), SPCQ $13.85 RSI 40.5 30D -31.09% (deepened sharply from -7.82%), MRVU $112.43 RSI 50.5 30D +6.94% (flipped positive from -18.60%), MVLL $27.69 RSI 50.5 30D +6.01% (flipped positive, now carries a real SMA200 at +50.4% and shows as pullback regime), CDNG $9.99 RSI 35.1 30D -25.67% (deepened from -20.34%, now among the lowest RSI in the universe), FOMG $8.17 RSI 53.4 30D +14.91% (flipped strongly positive from -2.09%), ENTL $9.88 RSI 55.7 30D +24.43% (extended further from +10.22%), CQTM $27.26 RSI 57.7 30D +10.72% (flipped positive from -5.74%), WQTM $35.33 RSI 59.0 30D +8.08% (flipped positive, now carries a real SMA200 at +17.7%, graduating out of too-young), DISK $38.55 RSI 49.2 30D -0.08% (nearly fully recovered from -19.83%), and LAZR $47.50 RSI 56.1 30D +14.87% (extended further from +11.80%) — broad stabilization with SSPC/SPCQ the clear negative outliers this cycle.)*
Tier Analysis
Broad-market/tech sleeve holds roughly steady — QQQM, QQQ, VOO, VTI, IWM, VGT, XLK, FTEC all extended modestly or held flat; no fresh acceleration, no reversal.
SOXS falls to the universe low, SOXL confirms a third recovery cycle — the leveraged semis pair diverges further: SOXS's 30-day loss deepened to -12.40% at the lowest RSI in this scan, while SOXL's deficit kept narrowing.
Gold-miner complex holds its structural break, momentum cooling — GDX stayed above its 200-day for a second cycle even as RSI eased from 70.3 to 66.4; GLD's death-cross cushion narrowed to -2.6%, its closest flip yet.
FXI/KWEB crash out of overbought — both fell roughly 18 RSI points this cycle, the sharpest single-basket reversal tracked here; EWZ cooled the hardest of the adjacent group.
SSPC/SPCQ extend their slide — both deepened their 30-day losses well past last cycle's round-trip level; the rest of the too-young cohort (RAM, SPCH, MRVU, MVLL, FOMG, CQTM, WQTM, DISK, LAZR, DRAM, RONB) continued its broader stabilization trend.
Income sleeve pushes into overbought — SCHD, JEPI, and XYLD all extended sharply into the low-to-mid 70s RSI range.
Entry Zones
| Ticker | Price | Zone | RSI | vs SMA200 | Setup |
|---|---|---|---|---|---|
| SOXS | $40.28 | Extreme — confirm before treating as a floor | 26.9 | -99.1% | Lowest RSI in this universe; SOXL's long side keeps improving in parallel |
| FXI / KWEB | $34.89 / $27.01 | Watch for the cooldown to stabilize | 46.4 / 46.0 | -5.1% / -12.7% | Both crashed roughly 18 RSI points this cycle; no known driver identified |
| GDX | $89.97 | Extended — confirm the breakout holds a third cycle | 66.4 | +2.4% | Holds above the 200-day for a second cycle; momentum cooling |
| SSPC / SPCQ | $11.00 / $13.85 | Avoid until the slide stops | 40.4 / 40.5 | n/a | Both deepened their losses well past last cycle's round-trip |
Action Matrix
| Action | Stocks | Why |
|---|---|---|
| 🔒 HOLD | VOO, VTI, VGT, XLK, FTEC, XBI, CLOU, WCLD, VYM, income/bond sleeve ex-overbought names | Structurally intact, holding steady or extending modestly |
| 🔍 WATCH — CONFIRMING RECOVERY | QQQM, QQQ, IWM, SOXL, SMH, TQQQ, TECL, TNA, QLD, LABU | Third straight cycle of improvement for several of these; watch for continuation |
| ⚠️ REVERSED — VERIFY THE DRIVER | FXI, KWEB, EWZ | Crashed out of overbought or flipped negative this cycle; no known catalyst |
| ⚠️ EXTENDED — DON'T CHASE | GDX, NUGT, SKYY, SCHD, JEPI, XYLD | RSI in the high 60s-70s after a sharp move; confirm before adding |
| ⚠️ SHARP CONTINUED DECLINE | SSPC, SPCQ, CDNG | Deepened losses rather than stabilizing this cycle |
| 🔍 STRUCTURE STILL UNCONFIRMED | GLD, TAN, ICLN, URA | Death-cross cushion narrowing (GLD) or momentum improving without a structural flip |
| ⚠️ NO BASELINE / MIXED | DRAM, RONB, RAM, SPCH, MRVU, MVLL, FOMG, ENTL, CQTM, WQTM, DISK, LAZR | Too-young; broadly stabilizing outside the SSPC/SPCQ outliers |
What To Watch Next
| Watch | Why it matters |
|---|---|
| Whether FXI/KWEB's cooldown stabilizes or extends into a fresh downleg | Sharpest reversal in this universe this cycle; no known driver identified |
| Whether GDX's breakout above the 200-day holds a third straight cycle | RSI eased from an extreme, but the structural break itself hasn't reversed |
| Whether SOXL's recovery extends a fourth cycle | Third straight cycle of a narrowing deficit; SOXS sits at the universe's lowest RSI |
| Whether SSPC/SPCQ find a floor | Both deepened well past last cycle's round-trip level rather than stabilizing |
| Whether GLD's death cross flips | Cushion has narrowed to -2.6%, the closest in this tracked window |
| Whether the income sleeve's extension (SCHD/JEPI/XYLD) cools | All three pushed into the low-to-mid 70s RSI range this cycle |
Sources
- Tape data (price/RSI/SMA/returns): full-scan pre-computed summaries as of the 2026-08-14 close — etf-ideas.
Related
9 eventsNo direct external sources are attached to this read.