US Market Radar (August 07, 2026)

Andrew@CANSLIM RESEARCH

As of August 07, 2026, 18 of 78 tracked ETFs and indexes closed higher on the day (average -0.4%), while 56 of 78 are up over the past month (average +1.5%). Across the universe, 37 instruments are in a Weinstein Stage 2 uptrend, 10 are in a Stage 4 decline, and 12 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 — Constructive

SPY is classified as Stage 2 (advancing uptrend) and is over-extended above the 50-day line. It trades +3.0% versus its 50-day moving average (+2.5x ATR extension), with returns of -0.2% on the day, +3.6% on the week and +3.1% on the month. Sentiment: Constructive. No classic base or flag pattern is currently detected.

QQQ · Broad Market Indexes — Constructive

QQQ is classified as Stage 2 (advancing uptrend) and is tightening just above the 50-day line (setup zone). It trades +0.0% versus its 50-day moving average (+0.0x ATR extension), with returns of -0.4% on the day, +4.5% on the week and +0.5% on the month. Sentiment: Constructive. Flat Base — ~6-week sideways range of 10% after a 27% advance; buy point at 736.40.

EPOL · International & Regional — Bullish

EPOL is classified as Stage 2 (advancing uptrend) and is over-extended above the 50-day line. It trades +9.3% versus its 50-day moving average (+5.7x ATR extension), with returns of +0.9% on the day, +3.0% on the week and +10.8% 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.

CIBR · Themes & Growth — Bullish

CIBR is classified as Stage 2 (advancing uptrend) and is over-extended above the 50-day line. It trades +7.9% versus its 50-day moving average (+2.7x ATR extension), with returns of -1.2% on the day, +7.1% on the week and +5.2% on the month. It passes the full Minervini trend template. Sentiment: Bullish. Cup with Handle — cup depth 13%, handle drift 10%; buy point at 97.94 (handle high). Flat Base — ~6-week sideways range of 15% after a 38% advance; buy point at 97.94.

KRE · US Sectors — Bullish

KRE is classified as Stage 2 (advancing uptrend) and is over-extended above the 50-day line. It trades +3.8% versus its 50-day moving average (+2.2x ATR extension), with returns of -1.1% on the day, +0.8% on the week and +4.3% on the month. It passes the full Minervini trend template. Sentiment: Bullish. Cup with Handle — cup depth 15%, handle drift 3%; buy point at 77.84 (handle high).

TLT · Bonds & Defensives — Bearish

TLT is classified as Stage 4 (declining downtrend) and is over-sold below the 50-day line. It trades -2.2% versus its 50-day moving average (-3.1x ATR extension), with returns of -0.6% on the day, +0.1% on the week and -1.8% on the month. Sentiment: Bearish. No classic base or flag pattern is currently detected.

Sector money flow (1-month average)

• Commodities & Resources: +4.1% average one-month return
• International & Regional: +4.0% average one-month return
• Broad Market Indexes: +2.7% average one-month return
• Size & Style: +2.6% average one-month return
• US Sectors: +1.9% average one-month return
• Bonds & Defensives: -1.1% average one-month return
• Themes & Growth: -2.2% average one-month return

Stage, pattern and sentiment labels are generated 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.