# Is This Market Breaking Down?

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Hey, Ross here:

The headline indexes are hiding a pretty important shift right now.

And it has nothing to do with whether the S&P finishes up or down half a percent today.

Let’s take a look below.

**Chart of the Day**

![](https://stocksurgedaily.com/wp-content/uploads/2026/09/image-10.png)

This chart tracks how aggressively funds and other large investors are positioned in Nasdaq futures.

After briefly dipping negative earlier this summer, exposure snapped back hard.

From August 4 through September 1, non-dealers added to their positions every single week…

For a total of $51.3 billion in notional exposure.

That’s a record.

So there’s clearly still _a lot_ of money willing to take risk in this market.

But now look at what’s happening across the broader market:

![](https://stocksurgedaily.com/wp-content/uploads/2026/09/image-9.png)

Only 43% of S&P 500 stocks are currently trading above their 50-day moving average.

That’s the lowest reading since April 7.

So while investors have been pouring money back into Nasdaq exposure…

More than half the stocks in the S&P 500 are struggling to stay above a basic short-term trend line.

That tells me the money hasn’t disappeared.

But it is getting more concentrated.

And as I explain below, that can be good news.

**Insight of the Day**

**Concentrated money leads to more explosive breakouts**.

If investors were simply pulling money out of the market, this would be a different story.

But they’re not.

There’s still plenty of capital looking for somewhere to go.

It’s just landing in fewer places.

And when a smaller group of stocks starts attracting a bigger share of that money, the buying pressure can get _intense…_

Something which can turn “ordinary” breakouts into explosive ones.

That’s an opportunity we can take advantage of.

That’s why **[later today at 3 p.m. Eastern…](https://secure.tradersagency.com/firetrader-new/?id=TA35094)**

I’m going LIVE to show you my best and favorite breakout pattern.

It was ranked the #1-performing chart pattern in both bull and bear markets by one of the best-known researchers in the field…

And it’s helped our members get shots at moves like **70% in 10 days… 114% in four days…** and even **148% in just two days.**

I’ll also reveal the name and ticker of one stock setting up in this pattern right now.

**[Click here to secure your free seat for today’s LIVE session if you haven’t yet…](https://secure.tradersagency.com/firetrader-new/?id=TA35094)**

And I’ll see you at 3 p.m. ET.

**_P.S._** _If you’re planning to attend on a mobile device, make sure you download the presentation app now so you don’t miss anything when it starts. See you there._

_iOS:_ [**_https://apps.apple.com/us/app/goto/id1465614785_**](https://apps.apple.com/us/app/goto/id1465614785)   
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**Customer Story of the Day**

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Ross Givens  
Editor, Stock Surge Daily