Next Day Prep #346: Rotation Under the Hood: Breadth Breaks Out as Oil Reverses – Tuesday 10/20/2026

A flat headline close masked a major internal rotation as breadth surged, small-caps snapped a losing streak, and oil’s reversal unlocked rate-sensitive buying. With the market upgraded to Cautious, the desk flags Meta and Tesla earnings and the 7,704 level as the key tests for tomorrow. The post Next Day Prep #346: Rotation Under the Hood: Breadth Breaks Out as Oil Reverses – Tuesday 10/20/2026 first appeared on WaveRider Markets.