macro/MEDIUM confidence
NASDAQ Momentum
US tech momentum via QQQ: drawdown from the 60d high plus 21d momentum. The primary equity top/bottom detector — catches broad tech selloffs (the Sep 2025 ORCL $328→$136 shape) that macro sensors alone miss.
STABLE
Live
Since Oct 3, 2026State History
RISING
SEVERE
STABLE
ELEVATED
163 readings|0 state changes|STABLE: 100%
State Definitions
RISING
Drawdown building from the 60d high.
SEVERE
Broad tech cascade.
STABLE
QQQ near highs with positive momentum.
ELEVATED
Tech selloff underway on both drawdown and momentum.
Sources
Fires Together With
Eth Gas Fee Regime
3d overlapRISING
Eth Liquid Staking Ratio
3d overlapELEVATED
Geopolitical Risk Sensor
3d overlapRISING
Growth Valuation
3d overlapSEVERE
APAC Gateway Activity
3d overlapRISING
AI Capex Stress
3d overlapSTABLE
Sensors that were historically elevated on the same days. Higher overlap suggests correlated stress signals.
Read-only intelligence. Sensor states are diagnostic observations, not predictions.