Market Update 4:00 PM ET — Bearish Breadth, 317 Bull Setups Active | September 24, 2026

Market Conditions at 4:00 PM ET

Market breadth closed the 4:00 PM ET session at a deeply bearish 22%, with 426 bear setups against just 317 bull setups across 1,422 stocks. The average SCTR reading of 5.3 is about as washed-out as it gets, and SPY's SCTR of 0 with zero bull count confirms the index is carrying no internal momentum whatsoever. Today's bull signals were scattered and defensive in character: BWET, ABTC, AMDG, AIRS, and BDSX. Meanwhile, BYND, AMDD, and AIXI stretched furthest from their moving averages, and extended names in a tape this weak are where reversals get violent. Into the final 60–90 minutes, breadth this lopsided favors continuation, not rescue. With fewer than one in four stocks in bull setups and SPY showing zero SCTR, there is no internal engine to power a meaningful bounce. Expect failed rallies to get sold and the path of least resistance to stay lower, with the most extended names—BYND, AMDD, AIXI—at risk of sharp mean-reversion flushes. A breadth reading this thin rarely repairs itself in a single afternoon; it typically takes a capitulation flush or a close near the lows to reset. Watch for late-day selling pressure into the bell. Scan the full bull and bear setup lists and track live SCTR shifts on the platform before tomorrow's open.