All four cloud-software funds rose for a second straight week — WCLD +6.06%, CLOU +4.51%, SKYY +4.01%, IGV +3.91% — and all four closed Friday above the top of the trading range each had held for about nine weeks, with WCLD at its 52-week high. RSI now runs 65.6 to 69.3: strong and close to extended. IGV is the caveat; its trailing year is still -2.59%.

Data as of the 2026-10-09 close (settled, Friday). The previous edition closed October 2; the seven-day column runs from that close to this one, so it is the change since then.

Friday did most of the work. The four funds rose 2.79% to 3.86% on October 9, and SKYY traded 3.32 times its average volume (WCLD 1.36 times, CLOU 1.35, IGV 0.76). Each closed above the high of the range it had held for 8.8 to 9.4 weeks: WCLD $43.74 against $43.54, IGV $112.67 against $112.34, CLOU $30.11 against $29.77, SKYY $174.89 against $173.15. One close above a base high is a breakout attempt; the confirmation is a second close above it, or a pullback that holds it.

WCLD (1Y +22.59%, 33.2% above its 200-day), CLOU (+27.37%, 30.6% above) and SKYY (+27.2%, 30.7% above) are intact trends at or within 0.07% of their 52-week highs. IGV sits 20.2% above its 200-day but is -2.59% on the year and -4.32% from its high: a repair now breaking out of its range, not yet a trend.

Cause not on file. Ticker-level news does not apply to index funds (their pulls date from April to July and two of them failed). The October 3–8 article and X captures carry no item on cloud software, the event records have none, and no October 9 captures are on file yet. Context only: the October 8 market brief recorded the AI-hardware cohort selling on the OpenAI revenue report (CNBC) while Cloudflare held; no receipt says money moved from hardware into software.

Four of four rose again (October 2: four of four). RSI moved up from a 55–60.9 band to 65.6–69.3. WCLD led both weeks; IGV went from second to last. New this week: all four closed above their base highs, and WCLD closed at its 52-week high.

This is a price-and-momentum screen built from the desk's pre-computed summaries: it shows where each name sits on the tape, not why it moved. RSI under 30 is a washout and 70 or above is extended; neither is a recommendation on its own. The structure label carries the long view, and it outranks the week:

• Trend intact: above the 200-day average with a positive trailing year. A bad week here is a pullback.
• Repair: above the 200-day but still down on the year. Price has recovered; the trend has not yet proved itself.
• Trend under test: below the 200-day with a positive year. The 200-day is the line to retake.
• Trend broken: below the 200-day and down on the year.

A raw screen reading becomes a setup only when an intact trend pulls back and holds a level, then turns up. No insider, fundamentals or options data is included.

As of 2026-10-09. Price and SMA20 in dollars; RSI is a 14-day reading; all other columns in percent.

No names in this tier.

No names in this tier.

Levels are the 20-, 50- and 200-day averages from the summaries, in dollars. Each row is a condition, not an order.

• Tape data (price, RSI, averages, returns, long-horizon fields, base highs, Friday volume): pre-computed summary, 2026-10-09 close — cloud-etfs.
• AI-hardware selloff context — October 8 market brief, 2026-10-08-market-brief; CNBC, "Nvidia, Oracle, CoreWeave and other AI stocks sink on OpenAI revenue report" (https://www.cnbc.com/2026/10/08/open-ai-revenue-nvidia-oracle-coreweave.html), capture 2026-10-08-cnbc-nvidia-oracle-coreweave-and-other-ai-stocks-sink-on-openai-r-108377571.
• News check (stocks<SYM>/news/latest.json, pull dates): WCLD 2026-04-29 (failed, stale); IGV 2026-06-21; CLOU 2026-07-07 (no items); SKYY 2026-04-29 (failed, stale). Event records (research/stock-events/`) checked for October 3–9: the only entries are earnings or dividend records for NEOG, PENG, APLD, 6506.T, AEHR, ATZ.TO, DAL, NRIX, PEP and ORCL, none on this board. Article, X and filing captures for October 3–8 (articles, tweets, filings) were searched by company name; no October 9 captures were on file at writing. A news pull dated before a move does not cover it, and a pull with no item on the move is not proof of no cause.