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Midday Wave #126: The 20SMA Cliff: Why Volume Is Deciding Everything Today – Thursday 10/8/2026

Published 1 week, 5 days ago
Description

Long-term breadth looks stable, but a seventeen-point collapse in the 20SMA reveals sharp short-term deterioration beneath the surface. The analyst breaks down which names — like EWZS and CMG — have real volume behind their gains, and which, like FDS and SXTC, are running on fumes.

The post Midday Wave #126: The 20SMA Cliff: Why Volume Is Deciding Everything Today – Thursday 10/8/2026 first appeared on WaveRider Markets.

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