Midday Wave #86: Breadth Flush: When the Rally Gets Quiet – Wednesday 8/12/2026

Episode summary

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.