Next Day Prep #318: Breadth Cracks: Why a Calm Tape Just Got Downgraded – Tuesday 9/8/2026

The S&P closed down just 0.6%, but underlying breadth collapsed from 50 to 38.9 on the 40-day, triggering a Cautious-Bearish downgrade. The hosts break down why continuation scans went silent while Darvas box setups surged, and lay out the bullish/bearish fork ahead of Thursday’s PPI and Friday’s CPI.

The post Next Day Prep #318: Breadth Cracks: Why a Calm Tape Just Got Downgraded – Tuesday 9/8/2026 first appeared on WaveRider Reads: Trading Books Unpacked.