Power Hour #87: Breadth Cracks: Flush or Something Bigger? – Tuesday 8/18/2026

Welcome to wave rider power hour your final hour tactical edge. Let's dive in breath Just fell 56 points in one day. Is this a flush or the start of something bigger 60 minutes to the close Let's get tactical. Okay, so first question has the regime held today or did it it shifted honestly hard the 20 SMA breath cratered from 98% to 42% in a single session wait 98 to 42 56 percentage points gone in one day. I mean that's wild so is this a full break? Now and here's why the 40 SMA only slipped from 60.57% to 54.66% right right so the medium-term trend still intact look exactly this is a reversal day inside a still positive trend not a trend break Mm-hmm. What's the internals telling you though bull 4% dropped from 179 to 101 bear 4% climbed to 260 the 9M Readings bull 9 versus bear 39. Oh, that's broad weakness. Yeah, broad. It's like slamming the brakes hard but the car hasn't skidded Off the road yet right right okay regimes flip defensive so what do we actually do with the next hour triage hold with stable cut What's bleeding only enter if the vitals confirm yeah totally let's go what are we holding HTFL 44 39 up 5.8% Rval 1.3 it's leading the continuation list in software mm-hmm anything else BBNX 1875 up 6.8% but I'd watch not chase sure Why the hezzy Rval's only 0.9 bigger percent move weaker conviction behind it right so the volume's not backing the move mm-hmm bigger move lighter volume I don't fully trust it okay what do we cut PLBL down 8.1% on Rval 6.4 that's a washout not a hold 6.4 times volume massive and quick down 4.6% sitting on the reversal list oh wow so don't average down so basically do not average down cut it move on anything worth entering into this tape one name on confirmation only CRSP 5301 down 2.3% Rval 1.5 and the trig it reclaims today's high on volume that's your reversal long not before right what's the sector backdrop here energies in command RSPG at the 100th percentile of 3.4 reading and still rising and tech text the laggard RSPT at negative 0.83 and falling that's distribution oh man so money's leaving the sinking ship for the lifeboat you know what exactly lean your size into energy keep tech light any bright spots in retail HD 338 13 Rval 1.52 of 0.93% off the open it's pulling low up to 215 81 mm-hmm oh nice and the risk rule tying this together ABC always be in control keep size at or under 2.5% risk given out hostile breathes yeah I mean got it protect capital into the clothes but what changes for tomorrow defense first favor energy keep tech light until that 40 SMA at 54.66% stabilizes right and the setups too watch exactly same two names CRSP reclaiming 5301 on volume triggers the reversal long and htfl holding above 44 39 keeps the continuation watch alive mm-hmm what about the retail read through HD and LOW strength sets the consumer tone overnight that's your one bright spot okay okay give me the binary what flips this back bullish breath back above 50% tomorrow means dip buyers are returning right and if it doesn't a close near 42% keeps the defensive posture locked in it's that simple yeah so basically that's the tell above 50% it was a flush near 42% it's something deeper that's the whole call honestly all right breath cratered 56 points today protect capital hold confirmed strength like htfl and energy cut what's fading like PLBL and quick and let tomorrow's breath print make the decision for you exactly stay disciplined stay defensive and watch that breath number at the open tomorrow that's the call see you at the bell that's all for today's episode of wave rider power hour your final hour tactical edge see you next time