Market Update 7:45 PM ET — Bearish Breadth, 3849 Bull Setups Active | November 4, 2026

Market Conditions at 7:45 PM ET

Breadth is running thin into the close. Only 37% of the 10,281 stocks in the scan are flashing bullish setups—3,849 bull signals against 1,901 bear—and the average SCTR of 4.8 says the typical name is nowhere near trend. SPY tells the same story: a Confirmed Bull trend with just six bull counts and an SCTR of 7, meaning the index is holding up on a handful of leaders while the broad tape sags underneath. That divergence is the whole setup. The speculative fringe is where the action is—CTNT, VYNE, FMFC, LMFA, and IMMP are the top bull signals, while SJT, TZA, and KOD sit most extended and are prime mean-reversion candidates. For the next 60–90 minutes, expect chop with a downward bias in the averages. With breadth this narrow and the average SCTR pinned under 5, there is no fuel for a broad push higher—rallies will be sold and leadership will stay concentrated in the small-cap momentum names. Watch for SPY to test the lower end of its intraday range as laggards keep bleeding; a breadth reading this weak rarely resolves higher without a catalyst. The extended names on the short side are where the fast money rotates. Scan the full bull and bear setup lists now and position ahead of the close.