Power Hour

Power Hour #109: Breadth Breaks: Trading Blind in the Final Hour – Friday 9/18/2026

Episode 1094:33

0:004:33

Episode summary

With SPY, QQQ, and IWM data unavailable, this episode breaks down a sudden breadth collapse and what it means for the closing hour. The hosts walk through which positions to hold, which to cut, and how to position defensively into tomorrow using CCJ, SPXC, and Health Care as key confirmation signals.

Chapter by chapter

Breadth Collapses Into the Close

Percent above the 20-day and Bull 4% internals crater in a single session, signaling a regime break from participation to distribution.

Holds, Cuts, and the SPXC Setup

TTRX and INSP get hold/backup treatment, AA and weak sectors get cut, and SPXC emerges as the one late-entry reversal watch over the volume trap in FLJP.

Defensive Mode, Confirmation Required

CCJ and SPXC levels carry into tomorrow's watch list, Hormuz headline risk looms over Mining and Agriculture, and Health Care must lead before adding risk again.

Key points

  • Percent above the 20-day dropped from 41 to 32 and Bull 4% cratered from 363 to 120 in one session — a sharp regime break into distribution.
  • With no SPY/QQQ/IWM data, internals and individual names are the only reliable read on the tape.
  • Hold TTRX and INSP if volume sustains; cut AA and laggard sectors (Utilities, Industrials, Consumer Discretionary) immediately.
  • High RVOL alone is a trap (see FLJP) — SPXC's reversal setup at 180.18 has real volume behind the price action.
  • Stay defensive tomorrow with small size and high conviction only; wait for Health Care (RSPH) to confirm before leaning long again.

Ticker charts

TTRX

Open in app
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 TTRX in WaveFinder.

Daily bars through Sep 18, 2026.

INSP

Open in app
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 INSP in WaveFinder.

Daily bars through Sep 18, 2026.

AA

Open in app
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 AA in WaveFinder.

Daily bars through Sep 18, 2026.

SPXC

Open in app
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 SPXC in WaveFinder.

Daily bars through Sep 18, 2026.

FLJP

Open in app
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 FLJP in WaveFinder.

Daily bars through Sep 18, 2026.

CCJ

Open in app
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 CCJ in WaveFinder.

Daily bars through Sep 18, 2026.

VSAT

Open in app
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 VSAT in WaveFinder.

Daily bars through Sep 18, 2026.

IPI

Open in app
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 IPI in WaveFinder.

Daily bars through Sep 18, 2026.

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