Market Update 8:15 PM ET — Bearish Breadth, 3849 Bull Setups Active | November 3, 2026

Market Conditions at 8:15 PM ET

Breadth is running thin into the close. Only 37% of the 10,281 stocks in the scan are printing bullish setups—3,849 bull versus 1,901 bear—and the average SCTR of 4.8 tells you most names are pinned to the bottom of their relative-strength range. SPY holds a Confirmed Bull trend with a bull count of 6, but its SCTR of 7 shows the index is being carried by a handful of leaders, not broad participation. The top bull signals—CTNT, VYNE, FMFC, LMFA, IMMP—are all small-cap momentum names, which is where the speculative bid is hiding. SJT, TZA, and KOD lead the extended list; TZA's presence confirms a persistent hedging undercurrent. With breadth this lopsided and average SCTR under 5, the path of least resistance over the next 60–90 minutes is lower. Thin participation into the close means rallies lack follow-through, and any SPY push toward highs should meet supply from underperforming names. Watch for a fade off the highs and rotation into the extended small caps as the only pockets of momentum. A close below the day's midpoint confirms the weak-breadth read. Scan the full bull and bear setups on the platform before the bell and map your levels for tomorrow's open.