Next Day Prep #305: Rotation Day: When Breadth Overrules the Rally – Wednesday 8/19/2026

Despite green closes across the S&P, Dow, and Nasdaq, crumbling breadth kept the regime call at Cautious. The team breaks down the rotational rally, Moderna’s sector-shaking trial readout, a struggling semiconductor group, and the exact levels to watch tomorrow in NOW, MELI, and PAAS.

The post Next Day Prep #305: Rotation Day: When Breadth Overrules the Rally – Wednesday 8/19/2026 first appeared on WaveRider Markets.