Midday Wave #120: Cracks Beneath the Rally: Breadth Warns as Sentiment Stays Bullish – Wednesday 9/30/2026
Sentiment reads Bullish, but a three-point drop in 20SMA breadth signals thinning short-term participation beneath the surface. With index data unavailable, the desk leans on sector rotation and single names — spotlighting Technology’s dominance, a chip-sector divergence between FORM and CBRS, and KOD’s standout volume as the cleanest breakout setup of the session.
The post Midday Wave #120: Cracks Beneath the Rally: Breadth Warns as Sentiment Stays Bullish – Wednesday 9/30/2026 first appeared on WaveRider Markets.
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