Every alert
07:25 UPDATEEarly morning update (MNQ.U26), 07:25 ET bar: 29,340.75. Phase: pre-market.
In plain English: Overnight the market moved up about 242 points from yesterday's 29,099 close, a middling gap. We are above the middle of the overnight range, which usually means the overnight high (29,420) gets tested before the other end. Nothing to do yet. The job before 9:45 is to let the open sort itself out and see which levels get hit. Either way it is one trade, one micro, with a stop of roughly 17 to 34 points ($34 to $69), a target about one and a half times that, sent as a bracket so it runs without you.
Levels: ONH 29,420.00 (+79) | PDH 29,243.75 (-97) | ON mid 29,218.38 (-122) | Prior close 29,098.75 (-242) | ONL 29,016.75 (-324) | PDL 28,947.75 (-393)
5m ATR 23 | daily ATR 454 | 9/21 EMA 29,346/29,348
News: 10:00 CB Consumer Confidence (Medium)
Watch:
- Price is above the ON mid (29,218.38): ONH usually breaks first (~76%); ONL is reached first only ~23%.
- Gap +242 pts (0.53 daily ATR): mixed odds of a fill (~25-40%).
- 10:00 release today: no entries 9:55-10:15. Expect a second impulse right at 10:00.
- 9:30-9:45: watch only. A third of overnight-level breaks happen in the first 5 minutes; most whipsaws live here.
- Stop sizing right now: 0.75x ATR = 17 pts ($34/micro), 1.5x cap = 34 pts.
Full page: https://peltonsites.com/mnq/
08:25 UPDATEPre-open update (MNQ.U26), 08:25 ET bar: 29,373.75. Phase: pre-market.
In plain English: Overnight the market moved up about 275 points from yesterday's 29,099 close, a middling gap. We are above the middle of the overnight range, which usually means the overnight high (29,420) gets tested before the other end. Nothing to do yet. The job before 9:45 is to let the open sort itself out and see which levels get hit. Either way it is one trade, one micro, with a stop of roughly 17 to 33 points ($33 to $67), a target about one and a half times that, sent as a bracket so it runs without you.
Levels: ONH 29,420.00 (+46) | PDH 29,243.75 (-130) | ON mid 29,218.38 (-155) | Prior close 29,098.75 (-275) | ONL 29,016.75 (-357) | PDL 28,947.75 (-426)
5m ATR 22 | daily ATR 454 | 9/21 EMA 29,376/29,367
News: 10:00 CB Consumer Confidence (Medium)
Watch:
- Price is above the ON mid (29,218.38): ONH usually breaks first (~76%); ONL is reached first only ~23%.
- Gap +275 pts (0.61 daily ATR): mixed odds of a fill (~25-40%).
- 10:00 release today: no entries 9:55-10:15. Expect a second impulse right at 10:00.
- 9:30-9:45: watch only. A third of overnight-level breaks happen in the first 5 minutes; most whipsaws live here.
- Stop sizing right now: 0.75x ATR = 17 pts ($33/micro), 1.5x cap = 33 pts.
Full page: https://peltonsites.com/mnq/
09:10 BRIEFMNQ morning map, Tue Aug 25 (MNQ.U26)
PDH 29,243.75 | PDL 28,947.75 | prior close 29,098.75
ONH 29,420 | ONL 29,016.75 | ON mid 29,218.38
Pre-open 29,327.75: above ON mid -> ONH usually breaks first (~76%).
Gap +229 pts = 0.50 daily ATR (mid-size gap, ~25-40% fill).
Daily ATR 454 | 5-min ATR 22
News today: 10:00 CB Consumer Confidence (Medium)
10:00 release: no entries 9:55-10:15.
Rules: nothing before 9:45, max 3 alerts, flat by 11:30.
09:40 UPDATEWindow open, first 15 minutes done (MNQ.U26), 09:40 ET bar: 29,348.25. Phase: open, watch only (9:30-9:45).
In plain English: Overnight the market moved up about 200 points from yesterday's 29,099 close, a middling gap. We are above the middle of the overnight range, which usually means the overnight high (29,420) gets tested before the other end. Price is above today's average price (29,340), so the buyers have the upper hand so far. Nothing to do yet. The job before 9:45 is to let the open sort itself out and see which levels get hit. Either way it is one trade, one micro, with a stop of roughly 25 to 51 points ($51 to $102), a target about one and a half times that, sent as a bracket so it runs without you.
Levels: ONH 29,420.00 (+72) | VWAP 29,340.15 (-8) | PDH 29,243.75 (-104) | ON mid 29,218.38 (-130) | Prior close 29,098.75 (-250) | ONL 29,016.75 (-332) | PDL 28,947.75 (-400)
5m ATR 34 | daily ATR 454 | 9/21 EMA 29,334/29,339
News: 10:00 CB Consumer Confidence (Medium)
Watch:
- Price is above the ON mid (29,218.38): ONH usually breaks first (~76%); ONL is reached first only ~23%.
- Gap +200 pts (0.44 daily ATR): mixed odds of a fill (~25-40%).
- 10:00 release today: no entries 9:55-10:15. Expect a second impulse right at 10:00.
- ONH 29,420.00 (+72 pts) is fresh: a poke of less than ~17 pts that closes back inside = Setup A short; a body close through it on heavy volume = a break, do not fade.
- ONL 29,016.75 (-332 pts) is fresh: a poke of less than ~17 pts that closes back inside = Setup A long; a body close through it on heavy volume = a break, do not fade.
- PDL 28,947.75 (-400 pts) is fresh: a poke of less than ~17 pts that closes back inside = Setup A long; a body close through it on heavy volume = a break, do not fade.
Full page: https://peltonsites.com/mnq/
10:25 READ10:30 read (MNQ.U26): first-hour body 0.40 (down) -> mode chop.
IB 29,209.25-29,416.00 (207 pts = 0.46 daily ATR; narrow, extension likely).
Price 29,215.50 below VWAP 29,307.93; 21 over 9; VWAP crosses in hour one: 3.
Chop: no Setup B; at most one Setup A at an outer level, or take the morning off.
11:25 DONE11:30, morning session over (MNQ.U26). Flat now; the afternoon window opens at 13:00 with the day's high/low as its levels.
Today: 0 heads-up, 0 confirmed.
Your trades today: no trades.
12:55 READ13:00 afternoon read (MNQ.U26): price 29,275.00, below VWAP 29,275.94; first hour was down; morning mode chop.
Afternoon levels: day high 29,416 (+141) and day low 29,145.50 (-130).
Plan: a shallow poke of either that closes back inside = Setup A fade; a 5-min close through either = Setup C, join the first pullback (these held into the close ~2 of 3 times, best when they agree with the first hour). Lunch range is not a level.
5-min ATR 29: stops 22-44 pts. Caps: 0/2 afternoon alerts. Flat by 15:55.
14:55 READ15:00 power hour (MNQ.U26): price 29,255.50, day down from the 29,299 open, below VWAP 29,269.03.
Day high 29,416 / low 29,145.50. Last hour made a new day extreme on ~43% of days, but breakouts of the 2-3pm range failed ~65%: only continuation WITH the day's direction counts, and a shallow poke of the day high/low that closes back inside is still a fade.
Everything closes by 15:55. No overnight.
15:25 INFO15:30 go-with-the-day: day is up 127 pts from yesterday's close but the first hour disagreed, so no Setup D today (the edge mostly lives where they agree).