Power Hour #60: Market Breakout: The Very Bullish Signal

Power Hour Brief: June 15, 2026

Breadth is exploding upward: The percentage of stocks above the 20-day SMA surged to 95% today, a massive 11.0 percentage point jump from yesterday’s 84%.
Leadership is rotating into cyclicals: While Technology ATR is falling at 2.76, Financials and Industrials have hit 100% percentile ranks with rising trends, signaling a broad market expansion.
Market character is a confirmed breakout: With sentiment at 4% (Very Bullish) and 9-month Bull/Bear ratios at 91 to 17, the market is in a high-conviction trending phase, not a choppy reversal day.

Strongest Continuation (2LYNCH): SNEX leads with a 4.3% gain and 2.4x relative volume, while HRI follows with a 6.0% surge in the Finance sector.
Strongest Reversal Setup: INVX shows a potential energy sector bounce with a 2.6x volume spike despite a -2.6% price drop, signaling a possible intraday bottom.
SIP Leaders Holding: IDYA remains stable at $28.98 following Phase 1 enrollment news, while SMWB holds gains after surpassing the $300M ARR milestone.
Action Code: PLASTICS: The data confirms a clear sector winner rotation into Financials (100% rank) and Industrials (100% rank), making these the primary targets for momentum.

Close or Trim: Consider trimming Energy exposure if you hold INVX or TTE as the sector ATR is flat at -0.94 and sentiment is lagging behind the broader market.
Enter on Confirmation: If SNEX holds above $136.37 into the close, it confirms the Finance sector breakout; look for HRI to hold $153.28 as a secondary entry.
Key Level Watch: Since SPY data is unavailable, monitor the 95% of stocks above their 20-day SMA; if this number holds above 90% at the bell, expect a continuation of the trend tomorrow.

Overnight Catalyst: Watch for any post-market guidance from SMWB or IDYA as biotech and software sectors are currently driving the breadth expansion.
Setup Forming: Financials (RSPF) at 2.38 and Industrials (RSPN) at 1.64 are poised to lead if the 95% breadth metric persists into the open.
Regime Outlook: Today’s 11.0pp breadth expansion suggests the regime has shifted from neutral to Very Bullish, favoring long positions in cyclicals over defensive sectors.