Market Update 6:46 PM ET — Bearish Breadth, 317 Bull Setups Active | September 24, 2026

Market Conditions at 6:46 PM ET

Breadth is washed out at 6:46 PM ET, with just 22% of the 1,422 stocks in our scan flashing bull setups—317 against 426 bear setups. The average SCTR sits at 5.3, a reading that signals near-total technical deterioration across the tape. SPY's SCTR of 0 with zero bull count confirms the index is pinned to the bottom of its range with no leadership underneath it. The only names drawing bull signals are scattered small caps—BWET, ABTC, AMDG, AIRS, BDSX—which is rotation into speculative corners, not accumulation. Meanwhile, BYND, AMDD, and AIXI are stretched to the downside, and extended losers tend to keep bleeding into the close. With breadth this one-sided and SPY showing zero bullish participation, the path of least resistance over the next 60–90 minutes is lower. Bear setups outnumber bulls by more than 100, and when the average SCTR is this compressed, bounces get sold rather than bought. Watch for failed rallies into resistance on SPY; unless bull setups expand above 30% and SPY's SCTR lifts off zero, any green prints are noise. The stretched names on the extended list are the tell—capitulation there usually precedes one more leg down before any real floor forms. Scan the full bull and bear setup lists on the platform now to position ahead of the next move.