Market Update 7:46 PM ET — Bearish Breadth, 317 Bull Setups Active | September 24, 2026

Market Conditions at 7:46 PM ET

Breadth is ugly into the close. Only 22% of the 1,422 stocks in our scan are printing bullish setups—317 against 426 bearish—and the average SCTR sits at a dismal 5.3. SPY is the tell: SCTR 0, zero bull signals, no trend support. That is a market with no leadership at the index level, and it shows. The handful of names still working—BWET, ABTC, AMDG, AIRS, BDSX—are isolated momentum plays, not a theme. Meanwhile the extended list (BYND, AMDD, AIXI) is where late chasers are getting trapped. When breadth is this one-sided and the flagship ETF scores zero, rallies are for selling, not buying. Into the final stretch, the path of least resistance is lower. With 426 bear setups versus 317 bull and an average SCTR of 5.3, there is no internal fuel for a sustained bounce. Expect failed intraday rallies to get sold and the major averages to press toward session lows over the next 60–90 minutes. Watch whether bear setups expand past 450—if they do, the close gets disorderly. Any bounce that cannot reclaim the day's VWAP is a shorting opportunity, not a reversal. Run your scans now and position for the close—the setups are on the bear side.