There’s nothing wrong with a narrow-based rally, but broad-based is “better”
Near the open there was a HUGE AD-volume bull spike (brown), and not as big AD spike = big buying-volume in a narrow group of stocks.
But hey, the AD got to 3x, quite bull before it all failed
AD bull volume has clearly deteriorated BUT BULLS ARE STILL 2.86x the bears (on volume) …. stay tuned….
Options traders behind the bottom panel gave up early