Market Update 6:17 PM ET — Bearish Breadth, 317 Bull Setups Active | September 25, 2026

Market Conditions at 6:17 PM ET

Breadth is ugly into the close. With 22% of the 1,422 stocks in our universe flashing bullish setups against 426 bear setups, sellers own this tape. The average SCTR of 5.3 is about as washed-out as it gets, and SPY's SCTR of 0 with zero bull signals confirms the index is dragging everything with it. Strength is narrow and speculative — BWET, ABTC, AMDG, AIRS, and BDSX are the only names generating bull signals worth noting, and that list reads like a chase, not a foundation. Meanwhile, BYND, AMDD, and AIXI sit at maximum extension, which is exactly where you don't want to be holding when breadth is this one-sided. For the next 60 to 90 minutes, expect continued downside pressure. When breadth runs this thin into the final stretch, bounces get sold and breakdowns accelerate. Watch for a push toward the day's lows in SPY, with any rally attempt capped by the sheer weight of those 426 bear setups. If the extended names in the most-stretched list start to unwind, that adds fuel to the move lower. The path of least resistance is down until breadth shows even a hint of stabilization — and right now, there's none. Scan the full bull and bear setup lists and track SCTR shifts in real time on the platform.