# Post-Market SA — 2026-02-23
# WaveRider Post-Market Situation Awareness
Date: 2026-02-23
1. Market Summary
Market remains in a Very Bearish posture with deteriorating breadth. Only 42% of stocks above 20 SMA, 50.98% above 40 SMA. Bear 4% count dominates at 558 vs Bull 124 – a significant divergence. Short-term technical remains challenged despite selective sector strength. Defensive positioning warranted.
2. Sector Analysis
Top 3 Momentum Leaders:
- UTILITY (3.69, rising, 89th percentile) – Flight to safety continues
- ENERGY (3.53, flat, 84th percentile) – Holding gains
- MINING (2.31, flat, 74th percentile) – Precious metals bid
Bottom 3 Laggards:
- SOFTWARE (-3.42, flat, 5th percentile) – Deep consolidation
- BUSINS SVC (-2.82, flat, 5th percentile) – Growth under pressure
- FINANCE (-2.16, falling, 0th percentile) – Sector rotation away
PLASTICS Check: Technology (-1.43), Healthcare (0.32 rising), Consumer (0.87) showing mixed signals. Healthcare awakening with rising percentile.
3. Strategy Signals
Continuation (2LYNCH): 69 signals
Top picks: AMGN (4.5% ATR-M, 52% risk), TMUS ($219.95, 4.0% ATR-M, Telecom strength), AEP ($132.03, 5.7% ATR-M, Utility leader), DGX ($207.43, 5.0% ATR-M, Medical strength)
Delayed 9M: 108 signals
MAGNA53 candidates: TNDM ($28.26, +15%, 3.8 RVOL, 196.9% risk – Medical device breakout), FSM ($13.34, +8.7%, Mining), AKAM ($98.75, +4.9%, Software recovery)
9M Catalyst: 16 signals
ACLX (+77.4%, 44.1x RVOL – Medical biotech explosion), VNDA (+41.5%, 34.4x RVOL), EHAB (+22.6%, 18.1x RVOL – acquisition announced per SIP), IBRX (+13%, Q4 beat per SIP)
Darvas Box: 352 signals
DFS 8+ setups: ADI ($355.15, Chips consolidation), AMAT ($373.55, Semi equipment), ALB ($177.52, +5.4%, Chemical bounce)
EG100: 534 signals
STORY candidates: ACLX ($113.75, +77.4% biotech event), ACHC ($17.38, +3.5%, Medical recovery)
4. Strategy Article Insights
N/A – No strategy articles provided in dataset.
5. Trade Ideas
| Ticker | Strategy | Entry Zone | Risk% | Thesis |
|——–|———-|————|——-|——–|
| EHAB | 9M Catalyst + SIP | $13.35-13.75 | 8.3% | Acquisition announced, 18x RVOL, Medical sector strength |
| AMGN | 2LYNCH Continuation | $377-380 | 4.5% | Low-risk continuation, Medical defensive quality |
| TMUS | 2LYNCH + Delayed 9M | $218-220 | 4.0% | Telecom sector leader, multi-signal confirmation |
| AEP | 2LYNCH | $130-132 | 5.7% | Utility safety play, rising sector momentum |
| IBRX | 9M Catalyst + SIP | $9.50-9.85 | 12.1% | Q4 beat, 2.6x RVOL, Medical biotech theme |
6. Action Codes of the Day
ABC – Always Be in Control
Evidence: Bearish breadth (558 bear vs 124 bull 4%), very bearish sentiment, 58% of stocks below 20 SMA. Sector dispersion extreme (Utilities +3.69 vs Finance -2.16).
Action: Stick strictly to pre-defined entries. No FOMO chasing despite big movers like ACLX/VNDA. Wait for proper risk setups.
BBT – Big Bang Theory
Evidence: 16 9M Catalyst signals with massive volume: ACLX (44x RVOL), VNDA (34x RVOL), EHAB (18x RVOL), VRE (20.8x RVOL).
Action: Monitor these explosive volume events for follow-through. First red day after big green = potential entry for continuation.
PLASTICS – Sector Winners
Evidence: Healthcare rising to 84th percentile (0.32 ATR-M), Medical subsectors dominating all scans (10+ Medical tickers in top signals).
Action: Focus tomorrow’s watchlist on Medical/Healthcare continuation plays. Sector rotation into defensive growth underway.
7. Tomorrow’s Prep
Key Levels:
Monitor SPY support zones and QQQ tech sector stabilization levels (infer from sector weakness).
Momentum Gaining:
- Healthcare/Medical – Rising percentile, dominating all scans
- Utilities – 89th percentile, defensive bid continues
- Mining – Precious metals catching safe-haven flow
Setups Forming:
Watch TNDM delayed 9M for tightness after +15% move. ADI and AMAT Darvas boxes coiling. AMGN building right side of base with institutional quality.
“Control the controllables. The market votes bearish, but Medical/Defensive pockets are voting bullish. Trade the pockets, not the narrative.”