The Sunday Stalk List | Ep. 40 The Hopeful "Bounce" By Larry Thompson March 15, 2026 Welcome back to The Sunday Stalk List.Every weekend, I review hundreds if not thousands of charts across U.S. indices, global markets, breadth, sentiment, and intermarket relationships.And now I’m opening up my stalk list.The names that stood out the most from my review.This Week’s Theme: The Hopeful BounceTwo weeks ago the bears landed a clean punch.This week we saw the follow through.It’s a mess out there. The bulls aren’t on their heels.They’re on the canvas.Participation is weak, trends are breaking, and most charts simply aren’t in a position to lead. At this point the hopeful bounce is really the only thing the market has going for it right now.Price action certainly isn’t.Let’s get into it. Breadth - "The Market of Stocks"If you missed it, I broke down this dashboard and how I actually use it in my process during my weekly show. I know I sound like a broken record, but the message from breadth hasn’t changed. The market remains a mess.he one constructive takeaway is that breadth is now so washed out on the short-term measures that it has the potential to be good. We’re at the kind of levels where the bounce I mentioned earlier is what everyone is hoping for. And frankly, the market probably needs it. Without it, participation remains far too weak to support anything resembling a healthy advance. The Stalk List This week I’m only including one chart, but it captures a lot of what’s happening across the entire S&P 500. That’s one of the beauties of technical analysis. A few well-chosen tools can give you a pretty quick read on the market.SPY — S&P 500 with Trend & Breadth At the top we have the S&P 500 itself with the 50-day and 200-day moving averages, giving us the primary trend structure. Below it is the percentage of S&P 500 stocks above their 20-day moving average, which is a useful short-term breadth gauge.Right now that breadth measure has fallen to levels where we often see bounces. Historically when participation gets this washed out, markets tend to see some degree of mean reversion.But the key word there is reversion. Going down isn’t the reversion part. What we want to see is participation start expanding again.For me that means seeing this indicator reclaim the 30% level. A move back above that threshold would suggest a bounce could actually be getting underway. Until then, it’s mostly just hope.And hope alone won’t fix a market that’s currently on the ropes. It’s going to take broad participation.If we do see that bounce develop, the 200-day moving average on the S&P 500 becomes a very clean level to manage risk against. A bounce that holds that area would be constructive. Losing it would solidify that this market isn’t just taking a breather. It’s injured.Anyway, that's my two cents. My Methods Is A Messy Market If you’re struggling with this messy market, this week’s show was for you.I broke down three methods I use to navigate environments like this.If you missed it, throw it on 1.5x speed and let it rip. And if you enjoy it, hit the like button. It’s the easiest way to show some support.Much love. Thompson's Two Cents Larry Thompson delivers timeless trading lessons and market wisdom in quick daily notes. More from Thompson's Two Cents Larry Thompson Methods For A Messy Market Honesty Matters.... March 12, 2026 Larry Thompson It's Messy That's Ok March 10, 2026 Larry Thompson The Sunday Stalk List | Ep. 39 The Bears Landed A Clean Punch March 8, 2026 Trade Smarter With Larry’s TakeThompson’s Two Cents offers concise market wisdom, timeless trading lessons, and chart-driven perspective you can trust. You must have JavaScript enabled to use this form. Email More from Thompson's Two Cents Thompson's Two Cents Watch Now
