All three order-flow axes reclaimed neutral into the close, but breadth remained weak and 252-day new-low damage spiked above +2z, keeping the 3-10TD case selective rather than broadly risk-on.
The S&P nearly repaired MA20 and equal-weight price rose, but breadth stayed weak, dispersion jumped above +2z and late order flow achieved only a partial neutral reclaim.
A strong opening order-flow state failed, breadth weakened and the S&P slipped below MA20, while broad liquidation remained unconfirmed and three support-filtered stocks stayed near live S1.
Indexes still hold their 20-day trend, but breadth is weak and late order flow deteriorated below neutral as software leadership returned and stock-level support remained selective.
Weak breadth, rising new-low damage and deeply sub-neutral order flow outweigh a late repair attempt, while semiconductor leadership and selected support setups remain intact.
Breadth and fresh damage repaired, but final-hour Aggressor and Alignment slipped below neutral while semiconductors reclaimed sector leadership under a still-tight price-of-money backdrop.
Indexes remain above MA20 and market-wide order flow repaired late, but Aggressor Flow and Alignment still closed below neutral while breadth stayed weak, long-horizon new-low damage spiked and a fresh Real10-led tightening shock raised the confirmation burden.