The broad-market and tech sleeve cooled sharply on the short-window read this cycle — QQQM's RSI fell to 50.2 from 59.7 and its 7-day print flipped negative to -2.42% from +1.11% — but every name in that sleeve remains comfortably above its 200-day average with a strongly positive one-year return: QQQM is still +26.66% over the past year and +9.3% above its 200-day, VOO is +20.44%/+8.2%, VTI +20.94%/+8.4%, and IWM +33.8%/+11.1%. This is a deep pullback inside an intact secular uptrend, not a breakdown. SOXL crashed further this cycle — RSI down to 42 from 49.4, its 30-day print widening to -25.09% from -12.44% and its 3-month print to -36.71% — yet its one-year return sits at +375.93% and it remains +14.5% above its 200-day, the same intact-trend pattern at leveraged-fund scale (decay risk still applies to any leveraged/inverse holding period). The gold complex pushed deeper into overbought territory: GDX's RSI climbed to 75.3 from 66.4 (regime now parabolic, vs-SMA200 +16.1% up from +2.4%), NUGT to 75.6 from 65.6 (30D +74.02%, was +43.88%), and GLD's price crossed back above its 200-day this cycle (vs-SMA200 +2.4%, was -2.6%) after last cycle flagged the cushion as its closest-ever flip. DUST, the inverse-gold-miner fund, fell to RSI 26.3 — the lowest reading anywhere in this 68-name universe this cycle — but this is a decaying leveraged short fund losing to a raging gold bull market (30D -48.87%, one-year -83.57%), not an oversold buy signal. SSPC and SPCQ both deepened their slide further — SSPC's 30-day print widened to -45.62% from -29.17%, SPCQ's to -47.64% from -31.09%. FXI partially recovered (RSI 57.9, was 46.4) while KWEB stayed soft (RSI 43.7, was 46.0) and remains the genuinely broken name of the pair — KWEB's one-year return is -28.72% with alpha1y at -50.53%, still below its 200-day at -14.0%, versus FXI's smaller -6.54% one-year deficit and narrower -2.9% 200-day gap. The income sleeve broadly cooled off its prior extension — JEPI's RSI fell to 61.5 from 73.5, XYLD to 65.2 from 72.3, VYM to 56.1 from 69.0 — while SCHD held roughly flat at 71 (was 72.6).

Data as-of the 2026-08-21 close. Source: etf-ideas, read directly — no computed math. Prior scan: 2026-08-14-etf-universe (2026-08-14 close).

The broad-market and tech sleeve cooled sharply on the short window this cycle, with every name still comfortably above its 200-day and posting a strongly positive one-year return. QQQM ($293.76, RSI 50.2, was 59.7; 7D -2.42%, was +1.11%; 30D +1.15%) and QQQ ($713.44, RSI 50.1, was 59.6) both cooled from last cycle's mild extension — but QQQM's one-year return is +26.66% and it sits +9.3% above its 200-day; QQQ is +27.13%/+9.3%. VOO ($703.71, RSI 54.1, was 66.0) and VTI ($378.24, RSI 54.2, was 66.9) show the same pattern — change1y +20.44%/+20.94%, vs-SMA200 +8.2%/+8.4%. IWM ($299.96, RSI 52.6, was 63.7; change1y +33.8%, vs-SMA200 +11.1%) and the tech-sector trio VGT/XLK/FTEC (RSI 50.6/49.5/50.6, all down from the low-60s; change1y +38.89%/+42.18%/+39.28%, vs-SMA200 +15.5%/+15.7%/+15.5%) all cooled the same way. Per the desk's long-horizon read: this is a deep pullback inside intact secular uptrends across the entire core sleeve, not a breakdown — the short-window (7D/30D/RSI) deterioration is real, but change1y and vs-SMA200 both confirm the underlying trend hasn't turned.

SOXL crashed further this cycle on the short window while its one-year return stayed enormous. SOXL ($120.60, RSI 42, was 49.4; 30D -25.09%, was -12.44%; 3M -36.71%) deepened its near-term drawdown sharply — but its one-year return is +375.93% and it remains +14.5% above its 200-day, the same intact-trend pattern the broad market shows at leveraged-fund scale. Its inverse counterpart SOXS ($47.03, RSI 50, was 26.9 — no longer the universe's lowest RSI) recovered off last cycle's extreme, 7D +17.01%, though its one-year return of -96.84% confirms this fund's structural decay independent of any single cycle's move. SMH ($560.42, RSI 45.7, was 54.2; 30D -4.51%) cooled modestly, still +95.56% on the year and +20.0% above its 200-day. TECL ($194.81, RSI 47.6, was 58.8) and TNA ($73.12, RSI 51.2, was 62.6) both cooled from prior extensions, both still deeply positive on change1y (+112.44%/+96.24%) and well above their 200-days (+30.2%/+27.0%). LABU ($317.20, RSI 61.8, was 56.9; 30D +25.04%, was -0.36%) extended sharply the other direction, now +354.7% on the year.

The gold complex pushed deeper into overbought/parabolic territory, with GLD's price crossing back above its 200-day. GDX ($102.83, RSI 75.3, was 66.4; regime now parabolic, was pullback) extended its vs-SMA200 cushion to +16.1% from +2.4%, 30D climbing to +34.1% from +21.58%. NUGT ($207.88, RSI 75.6, was 65.6; 30D +74.02%, was +43.88%) extended further still. GLD ($423.36, RSI 71.2, was 63.3) saw its price cross back above its 200-day this cycle — vs-SMA200 +2.4%, up from -2.6% — after last scan flagged that cushion as the closest it had come to flipping in this tracked window; the flip has now happened on the raw price-vs-200-day basis. DUST ($30.61, RSI 26.3, was 32.7) fell to the lowest RSI reading anywhere in this 68-name universe — but this is the inverse-leveraged gold-miner fund losing hard to the sector's own strength, 30D -48.87% and one-year -83.57%; a low RSI here reflects continued fund decay, not a discount to buy.

FXI partially recovered while KWEB stayed soft — and the one-year data shows these two are not in the same shape. FXI ($35.86, RSI 57.9, was 46.4; 30D +4.15%, was +1.78%) climbed back out of the mid-40s, its 200-day gap narrowing to -2.9% from -5.1% and its one-year return improving to -6.54%. KWEB ($26.66, RSI 43.7, was 46.0) stayed soft, its one-year return sitting at -28.72% with alpha1y at -50.53% and its 200-day gap still at -14.0% — a trend genuinely under test, not a name recovering alongside FXI. EWZ ($35.06, RSI 51.4, was 36.6) and INDA ($49.64, RSI 51.6, was 53.7) both sit modestly below their 200-days (-1.9%/-2.0%), roughly flat on the year.

SSPC and SPCQ both deepened their slide well past last cycle's already-sharp deterioration. SSPC ($11.30, RSI 42.8, was 40.4; 30D -45.62%, was -29.17%) and SPCQ ($13.95, RSI 42.4, was 40.5; 30D -47.64%, was -31.09%) both extended their losses further, now -54.18%/-55.71% off their 52-week highs. Elsewhere in the too-young cohort, moves were mixed: MRVU and MVLL both fell sharply on the day (-11.26%/-11.05% 1D) after a strong 7D (+11.4%/+10.71%) — this desk has no corpus source identifying a driver for either single-day move. FOMG (7D -23.33%) and ENTL (7D -21.96%) both dropped sharply on the week. CDNG (RSI 34.9, was 35.1) held near the bottom of the universe's RSI range. CQTM popped +6.15% on the day. DRAM, RONB, DISK, and LAZR all cooled modestly from prior cycles without a sharp move either way.

The income sleeve broadly cooled off its prior extension. SCHD ($35.11, RSI 71, was 72.6) held roughly flat, still the most extended of the group. JEPI ($57.92, RSI 61.5, was 73.5), XYLD ($41.64, RSI 65.2, was 72.3), and VYM ($164.97, RSI 56.1, was 69.0) all cooled meaningfully from last cycle's push into the low-to-mid 70s. LQD ($105.92, RSI 42.4, was 45.1) stayed negative on the year (-3.13%).

Regime labels (uptrend/pullback/collapse/downtrend/too-young/breakout/basing/parabolic) describe each fund's structural state, not a trade recommendation. This cycle is the clearest illustration in this tracked window of why the window matters: RSI, 7D, and 30D are all showing a broad, real cooldown across the core broad-market/tech/semis complex — but change1y and vs-SMA200, read alongside those short windows, confirm none of it has broken the underlying uptrend. SOXL's near-40% three-month drawdown sitting on top of a 375.93% one-year gain is the sharpest version of that pattern in this universe, and it is read here as a deep pullback in an intact trend, not a breakdown — with the standing caveat that leveraged/inverse funds carry structural decay risk independent of any single cycle's direction (SOXS's -96.84% one-year return is the same mechanism working in reverse). DUST's low RSI is the same caveat in its purest form: the "cheapest" RSI reading in the universe belongs to a fund that is losing value by design because the sector it shorts is strong, not because it is oversold. GLD's price closing back above its 200-day resolves a multi-cycle "watch" item, though the fund's own golden/death-cross flag (a lagging 50-day-vs-200-day signal) has not yet relabeled — the two measures can diverge for a cycle or more.

(Too-young cohort not in the tables above: RAM $13.15 RSI 48.5 30D -8.81%; SPCH $8.57 RSI 46.3 30D +27.91%; SSPC $11.30 RSI 42.8 30D -45.62% (deepened from -29.17%); SPCQ $13.95 RSI 42.4 30D -47.64% (deepened from -31.09%); MRVU $125.18 RSI 53.1, sharp -11.26% single-day drop, no known driver; MVLL $30.75 RSI 52.9, -11.05% 1D paired with MRVU; CDNG $9.59 RSI 34.9 30D -11.69%; FOMG $5.98 RSI 43.0, 7D -23.33%; ENTL $7.71 RSI 44.7, 7D -21.96%; CQTM $26.22 RSI 52.4, +6.15% 1D pop; WQTM $33.65 RSI 49.8; DISK $37.97 RSI 48.9; LAZR $43.85 RSI 48.1.)

Broad-market/tech sleeve cools hard on RSI/7D but stays intact on the year — QQQM, QQQ, VOO, VTI, IWM, VGT, XLK, FTEC all fell from the high-50s/60s RSI range into the low-to-mid 50s, while change1y stayed at +20% to +43% and vs-SMA200 stayed positive across the board.

SOXL's month-scale crash sits on top of a 375.93% year — the leveraged semis fund deepened its 30-day and 3-month drawdowns sharply while remaining above its 200-day; SOXS recovered off last cycle's universe-low RSI.

Gold complex extends deeper into parabolic — GDX and NUGT both pushed further into overbought, and GLD's price crossed back above its 200-day for the first time in this tracked window.

DUST's low RSI is fund decay, not a discount — the inverse-leveraged gold-miner fund sits at the universe's lowest RSI purely because the sector it shorts is strong; its one-year return is -83.57%.

FXI recovers, KWEB stays genuinely broken — FXI's one-year deficit (-6.54%) and 200-day gap (-2.9%) are both far shallower than KWEB's (-28.72%/-14.0%).

SSPC/SPCQ deepen further — both funds extended their already-sharp 30-day losses; the rest of the too-young cohort showed mixed single-name moves with no clear driver identified.

Income sleeve cools off its prior extension — JEPI, XYLD, and VYM all pulled back from last cycle's push into the low-to-mid 70s RSI range; SCHD held roughly flat.

• Tape data (price/RSI/SMA/returns/change1y/alpha1y): full-scan pre-computed summaries as of the 2026-08-21 close — etf-ideas.