Midday Market

Bullish sentiment on the fast gauge clashes with a sharp eleven-point drop in the 20SMA breadth reading, signaling a narrow, selective market underneath. The team breaks down which breakouts have real volume behind them versus the thin, flashy movers, and lays out the afternoon plan: favor conviction over percentage gains.

The post Midday Wave #93: Narrow Thrust: Reading the Breadth Divergence – Friday 8/21/2026 first appeared on WaveRider Reads: Trading Books Unpacked.

A sudden four-point regime flip from Very Bullish to Bearish reveals a breadth collapse happening well before price confirms it. The team breaks down which continuation setups are backed by real volume versus which are hollow, and lays out a clear defensive rotation into Energy and Comm Services with exact levels to watch on WIX...

The post Midday Wave #92: Breadth Breaks First: Inside the Midday Rotation – Thursday 8/20/2026 first appeared on WaveRider Reads: Trading Books Unpacked.

Sentiment flipped Very Bullish even as short-term breadth collapsed, exposing a two-speed market. The team breaks down which volume leaders — ARCT, WEAV, ENRD — are confirming the move, which names are running on fumes, and the key STRL and NUTX levels to watch into the close.

The post Midday Wave #91: Midday Wave: Two-Speed Tape, One Sharp Warning – Wednesday 8/19/2026 first appeared on WaveRider Reads: Trading Books Unpacked.

Twenty-day breadth collapsed from 98% to 45% in a single session, flipping the regime defensive across nearly every timeframe. The desk digs into which breakouts have real volume behind them versus empty moves, and flags CLS, MU, and MPWR as the rare names still holding institutional structure amid the flush.

The post Midday Wave #90: Breadth Breaks Hard: Defensive Tape, Three Names Still Standing – Tuesday 8/18/2026 first appeared on WaveRider Reads: Trading Books Unpacked.

Intermediate and short-term breadth diverge sharply as the 40SMA trend cracks while the 20SMA surges, and the Bull count halves overnight. With SPY, QQQ, and IWM data dark, the analyst breaks down which individual names are confirming on real volume versus riding thin RVOL, and lays out the exact levels — CRDO’s 280.46 breakout and...

The post Midday Wave #89: Breadth Splits, Index Goes Dark: Trading Bottom-Up Into the Close – Monday 8/17/2026 first appeared on WaveRider Reads: Trading Books Unpacked.

20SMA breadth swung 52 points off the open, but longer-term bull/bear ratios remain firmly intact, pointing to consolidation rather than breakdown. With index data dark, the hosts break down where real strength is showing up — Energy leadership, institutional buying in EROC, and fading volume in ARQQ — and lay out a selective afternoon playbook.

The post Midday Wave #88: Breadth Cools, Energy Leads: Navigating an Intact Uptrend – Friday 8/14/2026 first appeared on WaveRider Reads: Trading Books Unpacked.

Short-term breadth dropped sharply while the intermediate trend held firm, prompting a closer look at sentiment cooling and thinning bull-bear participation. The hosts break down volume-confirmed movers versus light-volume drifters in software, then lay out the two key tells — RBRK’s volume and APP’s fade — to watch into the close.

The post Midday Wave #87: Froth Flushed, Trend Intact: Reading Today’s Breadth Reset – Thursday 8/13/2026 first appeared on WaveRider Reads: Trading Books Unpacked.

The bullish regime holds, but short-term breadth just flushed nineteen points in a single session, exposing a gap between confirmed and unconfirmed moves. The team breaks down which signals have real volume behind them, why earnings winners are fading intraday, and the two binary levels — VRTX and SPOT — to watch into the close.

The post Midday Wave #86: Breadth Flush: When the Rally Gets Quiet – Wednesday 8/12/2026 first appeared on WaveRider Reads: Trading Books Unpacked.

A sharp intraday breadth unwind rattles the tape, but the analyst breaks down why it’s a reset rather than a breakdown. Sentiment cleans up, speculative small-caps get punished, and institutional money rotates into Mining, Energy, and Industrials — with two key levels on SNPS and NET to watch into the close.

The post Midday Wave #85: Breadth Resets, Not Breaks: Rotation Into Quality – Tuesday 8/11/2026 first appeared on WaveRider Reads: Trading Books Unpacked.

Breadth indicators cratered intraday, with the 20SMA reading dropping nearly 100 points and sentiment flipping from Very Bullish to Neutral-to-Bearish. With major indices unavailable, the hosts dig into sector rotation, separate real continuation trades from low-volume fakes, and lay out a controlled-risk plan for the afternoon centered on TTD and SPCX.

The post Midday Wave #84: Breadth Collapse: From Very Bullish to Neutral in One Session – Monday 8/10/2026 first appeared on WaveRider Reads: Trading Books Unpacked.