Market Update 7:00 PM ET — Bearish Breadth, 3854 Bull Setups Active | October 22, 2026
Bearish market breadth at 7:00 PM ET ET: 3854 bull setups, 1896 bear setups, avg SCTR 4.8. Live GEX levels, options flow, and T1 ignition signals.
Market Conditions at 7:00 PM ET
Breadth is running thin into the close. Only 37% of the 10,280 stocks in the scan are printing bullish setups—3,854 bull versus 1,896 bear—and the average SCTR of 4.8 tells you the typical name is nowhere near a leadership profile. SPY's SCTR of 7 with a Confirmed Bull trend and a bull count of 6 is the lone bright spot, but a confirmed trend on a single-digit SCTR is a structure holding on momentum, not on broad participation. The top bull signals—CTNT, VYNE, FMFC, LMFA, IMMP—are small-cap speculative names, which is what you get when leadership is scarce. Meanwhile SJT, TZA, and KOD are the most extended, with TZA's presence flagging that the inverse small-cap trade is still getting chased. With breadth this lopsided, the next 60–90 minutes favor drift over breakout. The 37% bullish reading leaves little fuel for a broad push, and the average SCTR of 4.8 means rallies will be narrow and quick to fade. Expect SPY to hold its confirmed bull structure but grind rather than extend, with the extended names (SJT, TZA, KOD) vulnerable to snapback and the small-cap bull signals prone to fast reversals. Range-bound chop into the close is the base case; a breadth expansion above 45% would be the only thing that changes it. Scan the full signal list and extended names at the close before positioning for tomorrow's open.
Market Breadth
Sector Heatmap
| Sector | SCTR | Bulls | |
|---|---|---|---|
| Energy | 10.6 | 19 | |
| Health Care | 8.0 | 14 | |
| Utilities | 6.1 | 21 | |
| Consumer Staples | 5.6 | 20 | |
| Technology | 5.4 | 16 | |
| Financials | 4.7 | 17 | |
| Crypto | 4.6 | 4 | |
| Index_ETF | 4.6 | 23 |
Active T1 Ignition Signals
T1 ignitions hit their +1 ATR target 57% of the time across 83,000 measured signals (2020–2026). View all signals →
| Symbol | SCTR | Entry | Target | Trend |
|---|---|---|---|---|
| 🟢 $CTNT | 1845 | $2.53 | $2.84 | Neutral |
| 🟢 $VYNE | 1836 | $1.13 | $2.67 | Confirmed Bull |
| 🟢 $FMFC | 780 | $4.99 | $5.34 | Confirmed Bull |
| 🟢 $LMFA | 519 | $2.56 | $2.74 | Confirmed Bull |
| 🟢 $IMMP | 435 | $3.75 | $3.99 | Neutral |
| 🟢 $NXGL | 433 | $3.91 | $4.22 | Confirmed Bull |
| 🟢 $CYCN | 426 | $3.60 | $4.94 | Confirmed Bull |
| 🟢 $POAS | 421 | $2.06 | $2.24 | Confirmed Bull |
Bear Watch
| Symbol | SCTR | Entry | Target | Trend |
|---|---|---|---|---|
| 🔴 $AXG | -38 | $0.05 | $-0.04 | Confirmed Bear |
| 🔴 $DKI | -38 | $0.04 | $-0.31 | Confirmed Bear |
| 🔴 $SXTC | -37 | $-0.25 | $-1.41 | Confirmed Bear |
| 🔴 $LESL | -37 | $0.01 | $-0.05 | Confirmed Bear |
| 🔴 $NCI | -37 | $0.55 | $-0.11 | Confirmed Bear |
Reversal Intelligence
🔄 Bull Reversal Setups — Bear Exhaustion
These stocks are reaching bear exhaustion counts (9+) and may be setting up for a bounce. Wait for candle confirmation before entry. View reversal scan →
🔄 Bear Reversal Setups — Bull Exhaustion
These stocks are reaching bull exhaustion counts (9+) and may be topping. Short candidates if candle confirmation triggers.
⚠️ Extended — Watch for Reversals
These stocks are historically overextended and may pull back: $SJT $TZA $KOD $QHDG $CCLDO. Monitor for count resets before adding new longs.
See All Live Signals
GEX levels, options flow, and T1 ignition signals — updated in real time.
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