Midday Wave #123: Narrow Tape: Breadth Firms While Chips Hit the Ceiling – Monday 10/5/2026
Breadth ticks up to 24% but bullish sentiment readings mask a market where only a quarter of names are participating. Technology carries the tape with semis coiled under a key SMH resistance shelf, while DNA and ACN stand out as the only volume-confirmed movers in a session that calls for selectivity over size.
The post Midday Wave #123: Narrow Tape: Breadth Firms While Chips Hit the Ceiling – Monday 10/5/2026 first appeared on WaveRider Markets.
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.