Power Hour #15 Bearish

Power Hour #15: Final Hour Playbook: Bearish Confirmation & High-Stakes Entries – Friday 3/27/2026

March 27, 2026 3:55

Tickers Mentioned

PLYX AMR CVX VIST SPY SSRM KOD ABTC VTS CEG

Episode Summary

With breadth collapsing and regime shifting bearish, the hosts break down exactly which positions to hold, cut, or wait for—plus critical confirmation levels for SSRM, PLYX, and SPY ahead of Fed speakers.

Key Takeaways

Breadth collapsed: % above 20 SMA dropped to 25% from 32% yesterday.
PLYX leads reversal cluster with +29.5% gain and high ATR%-M (5.7%).
Energy (AMR, CVX) is lone sector in positive ATR—rotate into it for FFM.
SPY support at $518.00 critical — break below confirms Monday gap risk.
SSRM and KOD show strongest SIP confirmation for low-risk entries.

Regime Check — Where Are We Now?

Today’s regime remains highly bearish — no shift from morning. Breadth deteriorated vs. yesterday: % above 20 SMA fell 7.0pp (32% → 25%), % above 40 SMA fell 3.4pp (26.05% → 22.63%).

Bearish sentiment dominates: 485 bear signals vs. 64 bull (Bull 4% = 4%, down from 121 yesterday).
Energy (RSPG) is the only sector with positive ATR (+5.9) and rising — all others are negative and falling or flat.
Today’s character: reversal-confirmed downtrend — broad weakness accelerating in afternoon, no sustained counter-trend bid.

Strategy Signals — Continuation, Reversal & SIP

Strongest continuation signal: PLYX at $8.26 (+29.5%, RVOL 0.6), highest ATR%-M (5.7%) — continuation breakout in Healthcare.
Strongest reversal setup: VTS at $18.64 (−4.1%, RVOL 2.5), risk 145.8% — extreme ATR%-M (−1.9%) suggests oversold reversal candidate.
SIP leaders: ABTC down −6.62% from open amid crypto selloff (sentiment −1), CEG up but down −1.93% from open — no strong reversal confirmation.
Key action code: FFM — only actionable intraday setups show ≤2.5% risk in top SIPs (SSRM, KOD) and reversal cluster (VTS).

Closing Playbook — What To Do Now

Close any short exposure in Energy — AMR (+3.0%), VIST (+2.6%), and CVX (+1.7%) are all trending higher on RVOL >0.7 — energy momentum is institutional-grade.
Enter only if PLYX holds above $8.20 — it’s the highest ATR%-M (5.7%) and RVOL 0.6 in Reversal Bullish — low-risk breakout candidate.
If SPY holds above $521.00 (SMA50 assumed), then minor relief rally can extend — but if it breaks below $518.00, expect Monday gap-down continuation (per breadth collapse).

Tomorrow’s Early Look

Overnight catalyst: Fed speakers (Barr, Waller) — watch for hawkish nuance ahead of Monday’s session.
Setup forming: SSRM — SIP shows normal course bid, EPS Q/Q +2964%, RVOL 1.17, funds +4.6% — potential $24.60 → $26.00 breakout.
Regime outlook: If SPY closes below 25% above 20 SMA (today’s 25%), tomorrow’s plan becomes defensive — focus on energy, utilities, and reversal reversal setups (FFM strategy).

Welcome to Wave Rider Power Hour, your final hour tactical edge. Let's dive in. So, breath collapsed, final leg. Energy's the only fortress standing. Here's what to do in the last 60 minutes. Honestly, right. Regime shifted today. Confirmed a bearish reversal. Mm-hmm. Like, wait, really? Not just a dip? I mean, oh man, no dip. Breath dropped 7 points. 32% down to 25% above 20 SMA. Bull signals? Only 4% now. Mm-hmm. 485 bear signals. 64 bull. Yesterday, it was 121 bulls. Oh, wow. Yikes. And the after? Broad sell-off, man. No counter-trend bid. Structural breakdown. Not a pullback. Right. Okay, so got it. So what do we do in the final hour? Look. Hold energy. AMR. VIST. CVX. institutional grade momentum. R vol over 0.7. ATR up 5.9%. Yeah. So AMR is up how much? Plus 3%. VIST plus 2.6%. CVX plus 1.7%. All holding VWAP. Mm-hmm. So basically, okay, and what do we cut? VTS down 4.1%. R vol 2.5. ATR percent M negative. Exit or tighten stops. ABTC and CEG, both down over 1.9% from open. No reversal. Right, right. Hmm. What about PLYX? Here's the thing. Only low risk breakout left on the board, plus 29.5%, R vol 0.6, ATR percent M 5.7%, but only if it holds above $8.20. Yeah, totally. Right, right. And that's the only... Entry Yeah No hold no entry If it cracks below it dead on arrival Understood Right Now tomorrow Overnight Fed speakers Barr and Waller Hawkish nuance could trigger a gap down Oh, man. Hold up. $24.60 is the trigger, not the target? Like, if it gaps past that, it's already... Cooked, yeah. If it gaps up before $24.60, it's suspect. Needs volume, not just price. Mm-hmm. And SP? Yeah. If it breaks $518, shift to defensive tilt, energy utilities reversal clusters. Right. PLY-HECS-HOLD is your first signal, SSRM the next. Exactly. And if SPY breaks $518, that's your Monday playbook. Yeah. So energy's holding up, but it's not a buy signal yet. Like we're seeing strength, but not confirm. Exactly. Institutional strength equals not retail buy. Shorts are still open. We need the close, not just the move. Sure. So hold only confirm names, cut fading positions, and wait for PLYX at $8.20. And SPY below $518? Defensive mode. No action without confirmation. Mm-hmm. SSRM at $24.60 pre-market? Check it. You know what? This is why we trade the final hour. Yeah, every signal matters. Exactly. If SPY holds $518, stick with the play. Exactly. Energy holds, PLYX holds, SSRM forms. All right, check SSRM. Yeah, and if SPY breaks $518, shift. No ambiguity, no waiting. If SPY breaks $518, we shift, not hope. Action now, not later. Mm-hmm. Wave Rider Power Hour, out. Right. Stay sharp. See you Monday. That's all for today's episode of Wave Rider Power Hour, your final hour tactical edge. See you next time.

Next Day Prep #233 Bearish

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Regime Check — Where Are We Now?

Strategy Signals — Continuation, Reversal & SIP

Closing Playbook — What To Do Now

Tomorrow’s Early Look

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