As of July 29, 2026, 37 of 78 tracked ETFs and indexes closed higher on the day (average -0.7%), while 36 of 78 are up over the past month (average -2.2%). Across the universe, 30 instruments are in a Weinstein Stage 2 uptrend, 8 are in a Stage 4 decline, and 10 currently pass the full Minervini trend template. The tape is mixed: rotation between groups rather than a one-way move. Below are the charts the market is focused on right now, with the key patterns and levels annotated.
SPY · Broad Market Indexes — Cautious
SPY is classified as Stage 3 (topping / distribution) and is within a normal volatility band. It trades -0.4% versus its 50-day moving average (-0.4x ATR extension), with returns of +0.2% on the day, -1.0% on the week and +1.6% on the month. Sentiment: Cautious. No classic base or flag pattern is currently detected.
QQQ · Broad Market Indexes — Bearish
QQQ is classified as Stage 3 (topping / distribution) and is over-sold below the 50-day line. It trades -5.7% versus its 50-day moving average (-2.9x ATR extension), with returns of -1.0% on the day, -4.7% on the week and -4.4% on the month. Sentiment: Bearish. Flat Base — ~6-week sideways range of 9% after a 29% advance; buy point at 743.18.
EPOL · International & Regional — Bullish
EPOL is classified as Stage 2 (advancing uptrend) and is over-extended above the 50-day line. It trades +3.6% versus its 50-day moving average (+2.5x ATR extension), with returns of +0.4% on the day, -0.2% on the week and +7.8% on the month. It passes the full Minervini trend template. Sentiment: Bullish. Double Bottom — W-shape with two lows within 3%; buy point at middle peak 40.69. Flat Base — ~6-week sideways range of 8% after a 19% advance; buy point at 41.37.
SCHD · Size & Style — Bullish
SCHD is classified as Stage 2 (advancing uptrend) and is over-extended above the 50-day line. It trades +5.0% versus its 50-day moving average (+4.1x ATR extension), with returns of +1.4% on the day, +3.3% on the week and +5.6% on the month. It passes the full Minervini trend template. Sentiment: Bullish. No classic base or flag pattern is currently detected.
XPH · US Sectors — Bullish
XPH is classified as Stage 2 (advancing uptrend) and is over-extended above the 50-day line. It trades +9.9% versus its 50-day moving average (+4.2x ATR extension), with returns of +0.7% on the day, +0.3% on the week and +4.7% on the month. It passes the full Minervini trend template. Sentiment: Bullish. No classic base or flag pattern is currently detected.
URA · Commodities & Resources — Bearish
URA is classified as Stage 4 (declining downtrend) and is over-sold below the 50-day line. It trades -13.4% versus its 50-day moving average (-3.6x ATR extension), with returns of -3.4% on the day, -3.2% on the week and -10.6% on the month. Sentiment: Bearish. No classic base or flag pattern is currently detected.
Sector money flow (1-month average)
- International & Regional: +3.2% average one-month return
- US Sectors: +1.7% average one-month return
- Size & Style: +1.2% average one-month return
- Broad Market Indexes: +0.5% average one-month return
- Bonds & Defensives: -2.2% average one-month return
- Commodities & Resources: -6.5% average one-month return
- Themes & Growth: -8.4% average one-month return
Stage, pattern and sentiment labels are by rule-based approximations (Weinstein stage analysis, Minervini trend template and heuristic pattern detection), not by precise technical analysis. For reference and education only — not investment advice.
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