Market Update 4:30 PM ET — Bearish Breadth, 317 Bull Setups Active | September 25, 2026

Market Conditions at 4:30 PM ET

Market breadth closed the 4:30 PM ET hour at 22% bullish, with 317 bull setups against 426 bear setups across 1,422 stocks. The average SCTR sits at 5.3, a reading that confirms broad technical deterioration rather than isolated weakness. SPY's SCTR of 0 with zero bull setups is the headline: the index itself is generating no positive signals, and leadership has collapsed into a narrow set of names. BWET, ABTC, AMDG, AIRS, and BDSX are the only meaningful bull signals on the tape, while BYND, AMDD, and AIXI sit at maximum extension and are candidates for mean reversion, not continuation. With breadth this lopsided and SPY contributing nothing to the bull column, the path of least resistance into the next 60-90 minutes is lower. Bear setups outnumber bulls nearly 1.4-to-1, and an average SCTR of 5.3 means the typical stock is broken, not consolidating. Watch for failed bounces to get sold into the close; the extended names on the list are more likely to unwind than lead. A reclaim in SPY's SCTR above zero would be the first sign of stabilization, but nothing in this data supports that yet. Scan the full bull and bear setup lists now to position ahead of the close.