Midday Market
Midday Wave #98: Breadth Cracks, Quality Holds: Navigating a Midday Flush – Friday 8/28/2026
0:003:47
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Episode summary
Breadth internals collapsed dramatically intraday, with the 20SMA plunging from 46% to 12%, even as index ETF data went dark. Despite the flush, select quality names and institutional demand zones held firm, prompting a shift from a morning ‘chase’ posture to a control-first, defensive approach into the close.