Midday Wave #99: Breadth Breaks Down: The ABC Tape – Monday 8/31/2026
Breadth collapses across both the 40SMA and 20SMA timeframes as bearish sentiment gets confirmed on multiple measures. The hosts break down why ASST is the only volume-backed mover worth trusting, while flagging VEEV, ALVO, and BRCB as unconfirmed moves, before laying out a defense-first game plan for the rest of the session.
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