Power Hour #99: Trading Blind: Breadth Cracks in the Final Hour – Thursday 9/3/2026

Welcome to WaveRider Power Hour, your final hour tactical edge. Let's dive in. Okay, so we're flying without instruments here. Has the regime held today or did it shift? It shifted, quietly, but it shifted. Look how so. Percented above the 20-day SMA just dropped to 11 from 17. That's a six-point contraction into the close. And that tells me choppy to defensive, not a clean trend day. Yeah, wait, but the bull bear count still looks. Yeah, 143-57. It looks healthy on the surface. So basically, why does breath say the opposite? Honestly, because participation's thening fast. It's like a crowd emptying the stadium while the scoreboard still shows a comfortable lead. Game feels fine until you notice the stands. Ooh, that's the whole day right there. That's the whole day. Yeah, okay, so breath is fading. What do we actually do in this last hour? What are we? We're holding Sophie at 1784, up 4.6 on that banking partnership catalyst, KKR at 106.43 holding firm. And the big one? Honestly, T-S-L-A, 381.37, up 6.8 on 1.3 R-VAL with institutional flag confirmation. That's the day's cleanest leadership. Full stop. Right, right. I mean, institutional flag, that's the crowd validating the lead. Exactly. The pack's confirming behind the runner. Love it, okay, what are we cutting? So AVGO, down 2.9 on 3.3 R-VAL, that's chip distribution, heavy volume on a red close. Ooh, oh man. Cut gold too on that Q4 miss at 43.91, and GIS is fading down one and a quarter. So chips and commodities, both leaking, yeah. Both leaking. And here's the thing, energy's rotating in while they lag. Mm-hmm. Wait, so energy's the leader? RSPG at 333 and rising. Meanwhile, tax at negative 137, industrials negative 146. Money's leaving cyclicals for... For commodities, huh? So you know the rotation's happening right under our feet. Wow. Right under our feet. Exactly. Okay, anything to enter late. So basically two names. CRM holding above 266 confirms continuation and AGX. The reversal name? The reversal name. 421-04-2.6 on 2.0 R-VAL. A rare green bullish reversal against all that chip weakness. Yeah, that's the standout, honestly. It is. But one directive. Size down on any new entry. Breath's too narrow to chase. Right. Say that again for the people. Size down. Don't chase a thin tape. Perfect. So hold the leaders, cut the laggards. What carries into tomorrow? Well, T-S-L-A above 381-37. That's your momentum tell for the open. Full follow through or it... Stalls. Give me one more level. AGX near 421. If it holds, that's a continuation-based worth tracking. Mm-hmm. And gold's miss. Keeps commodities and energy in early focus. RSPG stays on the radar, pre. Pre-market. Okay, so the plan for tomorrow is... Selectivity. Contracting breath means you pick your spots. You don't chase. Treat any rip as sell the rip until participation stabilizes. Yeah. Mm-hmm. So even if it opens green. You stay skeptical until breath confirms. Yeah, that's the discipline. That's the discipline. Okay, let me bring it home. Breath is contracting under a bullish-looking surface. Trade the confirmed leaders, T-S-L-A-C-R-M. Cut the fading chips and commodities. Size down until participation comes back. Did I miss anything? Nope, that's the call. Then here's your homework. Watch 381.37 on T-S-L-A and 421 on A-G-X at tomorrow's open. That's your tell. That's the tell. That's the call team. Trade smart. Trade small. And we'll see you right back here at the bell. That's all for today's episode of Wave Rider Power Hour. Your final hour tactical edge. See you next time.