The morning breakout plan is scrapped as sentiment crashes to 4% and breadth collapses 88 points, signaling a deep bearish regime. Host and analyst identify critical support levels for OABI and RAL while warning traders to abandon long-only bias immediately.

The post Midday Wave #44: Market Freefall: 88-Point Breadth Collapse – Tuesday 5/12/2026 first appeared on WaveRider Reads: Trading Books Unpacked.