Market Update 2:47 PM ET — Bearish Breadth, 2418 Bull Setups Active | September 4, 2026
Bearish market breadth at 2:47 PM ET ET: 2418 bull setups, 2861 bear setups, avg SCTR 5.6. Live GEX levels, options flow, and T1 ignition signals.
Market Conditions at 2:47 PM ET
**Market Conditions at 2:47 PM ET** Breadth is deteriorating hard into the close. Only 24% of the 10,217 stocks tracked are showing bullish setups, with bears outnumbering bulls 2,861 to 2,418. The average SCTR sits at 5.6, confirming a broad, weak tape. SPY itself carries an SCTR of just 7 despite a "Confirmed Bull" trend label—that trend tag is lagging price action. Bull count is zero on the index, meaning no fresh long signals are triggering. The top bull signals (CCUP, TCGL, GGLS, BWET, ABTC) are isolated names, not sector leadership. Meanwhile, STFS, DFSC, and OSCG are extended to the downside, suggesting momentum is still flushing lower. **Next 60-90 Minutes** The data points to continued downside drift into the 4:00 PM close. With bull count at zero and breadth below 25%, any bounce attempt will likely be sold. The extended bear names suggest we haven't seen capitulation yet—these stocks can still push lower into the final hour. Expect SPY to test the lower end of its recent intraday range, with rallies limited to shallow, low-volume affairs. A close below current levels would set up a bearish gap scenario for tomorrow's open. **Action:** Stay short or flat into the close; do not chase long setups until breadth recovers above 30%.
Market Breadth
Sector Heatmap
| Sector | SCTR | Bulls | |
|---|---|---|---|
| Health Care | 12.0 | 23 | |
| Energy | 9.2 | 12 | |
| Crypto | 9.0 | 7 | |
| Technology | 7.6 | 14 | |
| Financials | 6.9 | 5 | |
| Materials | 6.3 | 3 | |
| Index_ETF | 6.0 | 2 | |
| Communication Services | 5.4 | 7 |
Active T1 Ignition Signals
Signals with 55%+ historical win rate across 799,000 backtested instances. View all signals →
| Symbol | SCTR | Entry | Target | Trend |
|---|---|---|---|---|
| 🟢 $CCUP | 538 | $27.05 | $29.65 | Confirmed Bull |
| 🟢 $TCGL | 483 | $172.88 | $173.00 | Confirmed Bull |
| 🟢 $GGLS | 139 | $60.15 | $61.25 | Neutral |
| 🟢 $BWET | 137 | $178.83 | $191.33 | Neutral |
| 🟢 $ABTC | 119 | $8.07 | $8.71 | Confirmed Bull |
| 🟢 $TZA | 110 | $40.95 | $42.01 | Neutral |
| 🟢 $STAK | 106 | $1.16 | $1.33 | Confirmed Bull |
| 🟢 $UVIX | 89 | $39.67 | $41.66 | Confirmed Bear |
Bear Watch
| Symbol | SCTR | Entry | Target | Trend |
|---|---|---|---|---|
| 🔴 $CHSN | -38 | $-3.62 | $-19.96 | Confirmed Bear |
| 🔴 $HAO | -38 | $0.01 | $-0.11 | Confirmed Bear |
| 🔴 $EZGO | -37 | $-0.04 | $-0.28 | Confirmed Bear |
| 🔴 $GDC | -36 | $-0.05 | $-0.68 | Confirmed Bear |
| 🔴 $HUBC | -35 | $-0.29 | $-1.85 | Confirmed Bear |
Reversal Intelligence
🔄 Bull Reversal Setups — Bear Exhaustion
These stocks are reaching bear exhaustion counts (9+) and may be setting up for a bounce. Wait for candle confirmation before entry. View reversal scan →
🔄 Bear Reversal Setups — Bull Exhaustion
These stocks are reaching bull exhaustion counts (9+) and may be topping. Short candidates if candle confirmation triggers.
⚠️ Extended — Watch for Reversals
These stocks are historically overextended and may pull back: $STFS $DFSC $OSCG $AEHL $STAK. Monitor for count resets before adding new longs.
See All Live Signals
GEX levels, options flow, and T1 ignition signals — updated in real time.
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