Market Update 2:45 PM ET — Bearish Breadth, 317 Bull Setups Active | September 29, 2026

Market Conditions at 2:45 PM ET

Market breadth has deteriorated sharply into the final stretch of the session, with only 22% of the 1,422 stocks in our scan registering bullish setups. That's 317 bull setups against 426 bear setups — a lopsided skew that tells you sellers are in control of the tape. The average SCTR reading of 5.3 is near the floor of its range, and SPY's own SCTR of 0 with zero bull count confirms the index is dragging rather than leading. Leadership is thin and scattered: BWET, ABTC, AMDG, AIRS, and BDSX are the only names flashing bull signals worth noting. Meanwhile, BYND, AMDD, and AIXI are stretched to the upside and vulnerable to mean reversion. Heading into the last 75 minutes, the path of least resistance is lower. Breadth this weak rarely repairs itself into the close — it typically forces late-session de-risking as longs trim exposure and momentum funds chase the downside. Watch for SPY to test intraday support, with any bounce attempts likely sold into. A breadth reading under 25% this late in the day historically resolves with a weak close, so position accordingly. **Get real-time breadth alerts and setup screens before the bell — start your free trial now.**