US Market Radar — Risk-On; IBB Sets Up a Double Bottom (August 25, 2026)

Andrew@CANSLIM RESEARCH

As of August 25, 2026, 30 of 78 tracked ETFs and indexes closed higher on the day (average -0.5%), while 59 of 78 are up over the past month (average +5.0%). Across the universe, 33 instruments are in a Weinstein Stage 2 uptrend, 10 are in a Stage 4 decline, and 12 currently pass the full Minervini trend template. Breadth is healthy and growth themes are outpacing defensives — money remains on offense. 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 within a normal volatility band. It trades +1.5% versus its 50-day moving average (+1.7x ATR extension), with returns of -0.3% on the day, -1.2% on the week and +3.3% on the month. Sentiment: Constructive. No classic base or flag pattern is currently detected.

QQQ · Broad Market Indexes — Cautious

QQQ is classified as Stage 3 (topping / distribution) and is within a normal volatility band. It trades -1.0% versus its 50-day moving average (-0.6x ATR extension), with returns of -1.0% on the day, -3.2% on the week and +3.2% on the month. Sentiment: Cautious. No classic base or flag pattern is currently detected.

IBB · US Sectors — Bullish

IBB is classified as Stage 2 (advancing uptrend) and is over-extended above the 50-day line. It trades +11.1% versus its 50-day moving average (+4.9x ATR extension), with returns of -0.5% on the day, +5.2% on the week and +13.0% 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 176.64.

EPOL · International & Regional — Bullish

EPOL is classified as Stage 2 (advancing uptrend) and is over-extended above the 50-day line. It trades +7.5% versus its 50-day moving average (+5.5x ATR extension), with returns of +0.2% on the day, +1.3% on the week and +8.8% 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.

QQEW · Size & Style — Bullish

QQEW is classified as Stage 2 (advancing uptrend) and is over-extended above the 50-day line. It trades +3.2% versus its 50-day moving average (+2.4x ATR extension), with returns of -0.8% on the day, -1.0% on the week and +8.0% on the month. It passes the full Minervini trend template. Sentiment: Bullish. No classic base or flag pattern is currently detected.

TLT · Bonds & Defensives — Bearish

TLT is classified as Stage 4 (declining downtrend) and is within a normal volatility band. It trades -1.5% versus its 50-day moving average (-1.8x ATR extension), with returns of +0.6% on the day, +1.5% on the week and -0.4% on the month. Sentiment: Bearish. No classic base or flag pattern is currently detected.

Sector money flow (1-month average)

• Commodities & Resources: +14.2% average one-month return
• Themes & Growth: +4.0% average one-month return
• Broad Market Indexes: +3.9% average one-month return
• Size & Style: +3.9% average one-month return
• International & Regional: +3.3% average one-month return
• US Sectors: +2.7% average one-month return
• Bonds & Defensives: -0.1% 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. Data as of August 25, 2026. For informational and educational purposes only — not investment advice. Always verify against primary sources before making any investment decision.