Midday Wave #109: Breadth Breaks Down: Regime Shift Confirmed – Tuesday 9/15/2026

Episode summary

Breadth indicators cave across both the 20 and 40-day timeframes as sentiment flips bearish, confirming a regime shift rather than a temporary flush. Energy emerges as the lone rotation target, though most gains lack real volume, while leaders like PANW and META hit critical supply/demand levels that will decide the afternoon session.