Morning Dose #324: Bounce or Head-Fake? Breadth Breaks Down as Futures Rip – Friday 8/21/2026

Episode summary

Futures are surging on crypto euphoria and semiconductor strength, but market breadth is deteriorating fast after a brutal down day. The analyst calls the regime Cautious and lays out a playbook centered on the 9:45 flash PMI, low-risk continuation setups, and a first-hour wait-and-confirm approach.