Market Update 5:00 PM ET — Bearish Breadth, 317 Bull Setups Active | September 24, 2026

Market Conditions at 5:00 PM ET

Breadth collapsed into the close with only 22% of the 1,422 stocks in our universe flashing bullish setups—317 bull versus 426 bear. The average SCTR sits at a dismal 5.3, and SPY is pinned at an SCTR of 0 with zero bull signals, meaning the index itself offers no leadership whatsoever. This is a market running on fumes beneath the surface. The handful of names generating buy signals—BWET, ABTC, AMDG, AIRS, BDSX—are isolated momentum plays, not evidence of broad participation. Meanwhile, BYND, AMDD, and AIXI are stretched to the upside and vulnerable to sharp mean reversion. With breadth this lopsided and SPY showing zero technical strength, the path of least resistance over the next 60–90 minutes is lower. Bear setups outnumber bulls nearly 4-to-1, and when the index proxy carries an SCTR of 0, rallies lack the foundation to hold. Expect sellers to press into any bounce attempts, with the most extended names—BYND, AMDD, AIXI—likely leading the downside as profit-taking accelerates. Watch for failed intraday rallies to get sold aggressively. Run your scans now and position ahead of the next leg down.