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Midday Wave #38: Midday Regime Shift: USO Holds, Breadth Collapses – Monday 5/4/2026
Breadth collapsed 20 points after the 1:15 PM selloff, shifting the regime from Cautious to Bearish. USO remains the sole breakout standout with elite RVOL, while institutional momentum confirms LITE and AXTI as hidden strength.
The post Midday Wave #38: Midday Regime Shift: USO Holds, Breadth Collapses – Monday 5/4/2026 first appeared on WaveRider Reads: Trading Books Unpacked.
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By WaveRider: Midday Market AnalysisBreadth collapsed 20 points after the 1:15 PM selloff, shifting the regime from Cautious to Bearish. USO remains the sole breakout standout with elite RVOL, while institutional momentum confirms LITE and AXTI as hidden strength.
The post Midday Wave #38: Midday Regime Shift: USO Holds, Breadth Collapses – Monday 5/4/2026 first appeared on WaveRider Reads: Trading Books Unpacked.