Analytics, your call. We’d like to use analytics cookies to see which pages help. Nothing is loaded unless you accept, and the site works the same either way. Privacy policy
Long-term breadth improves while short-term breadth and sentiment deteriorate sharply in the same session, leaving traders without index data to confirm direction. The analyst flags thin volume behind green names, a stark bull-bear reversal, and MDT and LNG as the two levels to watch into the close.
Chapter by chapter
Long-Term vs Short-Term Breadth Split
40SMA breadth improves while 20SMA breadth collapses and sentiment flips bearish, with no index data to referee.
Energy Holds Sole Sector Leadership
LNG leads a clean energy sector advance amid an otherwise split internal picture.
Bull-Bear Ratio Reverses Hard
The 4% bull-bear read flips from 163-117 to 85-252, signaling widening distribution beneath the surface.
Green Names on Painfully Thin Volume
Continuation leaders like LNG, COST, LIN, and MELI hold gains but on relative volume near 0.2-0.3, while headline-driven spikes in QBTZ and RGTZ lack real participation.
MDT: The Lone Volume-Confirmed Move
MDT trades flat despite a 3.31 relative volume on an oversubscribed exchange offer, the only name with real volume confirmation.
TMUS and LCID Sold Into Bad Tape
TMUS falls despite an upgrade and LCID extends losses post-downgrade, confirming seller control and bounce-watch conditions.
Tightening Risk for the Afternoon
The playbook shifts to smaller size, honored stops, and entries only on confirmed volume breakouts.
Key Levels: LNG and MDT
LNG at $283.60 and MDT at $88.47 are the two levels that will resolve the afternoon regime.
Key points
Long-term breadth (40SMA) improved while short-term breadth (20SMA) collapsed from 24% to 14% in a single session, creating a split regime with no index data to confirm either side.
The bull-bear 4% ratio reversed sharply from 163-117 to 85-252, signaling widening distribution beneath a green surface.
Most green names, including sector leader LNG, are advancing on very thin relative volume (0.2-0.3), while MDT is the only volume-confirmed mover and it's trading flat.
Good news is getting sold (TMUS upgrade, MDT exchange offer), indicating sellers remain in control despite headline catalysts.
Afternoon playbook: tighten position size, honor stops, and only take entries on confirmed volume breakouts — treat every unconfirmed green number as suspect.
See LNG in WaveFinder. Sign in with your email, and new accounts are free and take about 30 seconds.
Can't reach WaveFinder right now. Your episode is still playing.
SMAUp (filled)Down (hollow)
Use left and right arrows to move through history, plus and minus to zoom, ] and [ to open the next and previous event, Escape to close its card, Enter to open LNG in WaveFinder.
See COST in WaveFinder. Sign in with your email, and new accounts are free and take about 30 seconds.
Can't reach WaveFinder right now. Your episode is still playing.
SMAUp (filled)Down (hollow)
Use left and right arrows to move through history, plus and minus to zoom, ] and [ to open the next and previous event, Escape to close its card, Enter to open COST in WaveFinder.
See LIN in WaveFinder. Sign in with your email, and new accounts are free and take about 30 seconds.
Can't reach WaveFinder right now. Your episode is still playing.
SMAUp (filled)Down (hollow)
Use left and right arrows to move through history, plus and minus to zoom, ] and [ to open the next and previous event, Escape to close its card, Enter to open LIN in WaveFinder.
See MELI in WaveFinder. Sign in with your email, and new accounts are free and take about 30 seconds.
Can't reach WaveFinder right now. Your episode is still playing.
SMAUp (filled)Down (hollow)
Use left and right arrows to move through history, plus and minus to zoom, ] and [ to open the next and previous event, Escape to close its card, Enter to open MELI in WaveFinder.
See QBTZ in WaveFinder. Sign in with your email, and new accounts are free and take about 30 seconds.
Can't reach WaveFinder right now. Your episode is still playing.
SMAUp (filled)Down (hollow)
Use left and right arrows to move through history, plus and minus to zoom, ] and [ to open the next and previous event, Escape to close its card, Enter to open QBTZ in WaveFinder.
See RGTZ in WaveFinder. Sign in with your email, and new accounts are free and take about 30 seconds.
Can't reach WaveFinder right now. Your episode is still playing.
SMAUp (filled)Down (hollow)
Use left and right arrows to move through history, plus and minus to zoom, ] and [ to open the next and previous event, Escape to close its card, Enter to open RGTZ in WaveFinder.
See MDT in WaveFinder. Sign in with your email, and new accounts are free and take about 30 seconds.
Can't reach WaveFinder right now. Your episode is still playing.
SMAUp (filled)Down (hollow)
Use left and right arrows to move through history, plus and minus to zoom, ] and [ to open the next and previous event, Escape to close its card, Enter to open MDT in WaveFinder.
See TMUS in WaveFinder. Sign in with your email, and new accounts are free and take about 30 seconds.
Can't reach WaveFinder right now. Your episode is still playing.
SMAUp (filled)Down (hollow)
Use left and right arrows to move through history, plus and minus to zoom, ] and [ to open the next and previous event, Escape to close its card, Enter to open TMUS in WaveFinder.
See LCID in WaveFinder. Sign in with your email, and new accounts are free and take about 30 seconds.
Can't reach WaveFinder right now. Your episode is still playing.
SMAUp (filled)Down (hollow)
Use left and right arrows to move through history, plus and minus to zoom, ] and [ to open the next and previous event, Escape to close its card, Enter to open LCID in WaveFinder.
See MOG-A in WaveFinder. Sign in with your email, and new accounts are free and take about 30 seconds.
Can't reach WaveFinder right now. Your episode is still playing.
SMAUp (filled)Down (hollow)
Use left and right arrows to move through history, plus and minus to zoom, ] and [ to open the next and previous event, Escape to close its card, Enter to open MOG-A in WaveFinder.
See SPY in WaveFinder. Sign in with your email, and new accounts are free and take about 30 seconds.
Can't reach WaveFinder right now. Your episode is still playing.
SMAUp (filled)Down (hollow)
Use left and right arrows to move through history, plus and minus to zoom, ] and [ to open the next and previous event, Escape to close its card, Enter to open SPY in WaveFinder.
See QQQ in WaveFinder. Sign in with your email, and new accounts are free and take about 30 seconds.
Can't reach WaveFinder right now. Your episode is still playing.
SMAUp (filled)Down (hollow)
Use left and right arrows to move through history, plus and minus to zoom, ] and [ to open the next and previous event, Escape to close its card, Enter to open QQQ in WaveFinder.
See IWM in WaveFinder. Sign in with your email, and new accounts are free and take about 30 seconds.
Can't reach WaveFinder right now. Your episode is still playing.
SMAUp (filled)Down (hollow)
Use left and right arrows to move through history, plus and minus to zoom, ] and [ to open the next and previous event, Escape to close its card, Enter to open IWM in WaveFinder.