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Next Day Prep #243: The Breadth Breakout: Why 65.9% Matters More Than the Index – Thursday 4/16/2026

Published 6 days, 11 hours ago
Description

The market flipped bullish not on index strength, but on record-breaking breadth—65.9% of stocks above the 40-day SMA. We break down the structural signals, institutional accumulation patterns, and early bleed warnings to watch.

The post Next Day Prep #243: The Breadth Breakout: Why 65.9% Matters More Than the Index – Thursday 4/16/2026 first appeared on WaveRider Reads: Trading Books Unpacked.

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