No confirmed calls this day.
No trades this day.
The day opened at 29,111, ranged 316 points (29,002 to 29,317), and closed at 29,126 (+15 from the open). The high printed at 11:45 and the low at 14:45 ET.
The middling 396-point gap never filled; yesterday's close at 29,506 was left behind.
The morning rotated without committing: edges mattered, the middle did not.
No setup completed its trigger today, so the system made no confirmed calls.
You took no trades this day.
| Level | Price | Status |
|---|---|---|
| ONH | 29,571.00 | fresh |
| PDH | 29,538.00 | fresh |
| Prior close | 29,506.25 | reference |
| PDL | 29,354.00 | broken (closed through) |
| ON mid | 29,326.88 | reference |
| HOD | 29,317.25 | fresh |
| IBH | 29,179.00 | broken (closed through) |
| VWAP | 29,152.61 | reference |
| OR15H | 29,140.50 | broken (closed through) |
| ONL | 29,082.75 | tested 09:30 |
| OR15L | 29,040.00 | broken (closed through) |
| IBL | 29,040.00 | broken (closed through) |
| LOD | 29,040.00 | broken (closed through) |
Early morning update (MNQ.U26), 07:25 ET bar: 29,208.75. Phase: pre-market. In plain English: Overnight the market moved down about 298 points from yesterday's 29,506 close, a middling gap. We are below the middle of the overnight range, which usually means the overnight low (29,178) 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 16 to 31 points ($31 to $63), a target about one and a half times that, sent as a bracket so it runs without you. Levels: ONH 29,571.00 (+362) | PDH 29,538.00 (+329) | Prior close 29,506.25 (+298) | ON mid 29,374.25 (+166) | PDL 29,354.00 (+145) | ONL 29,177.50 (-31) 5m ATR 21 | daily ATR 397 | 9/21 EMA 29,209/29,222 News: 10:00 ISM Manufacturing PMI (High); 10:00 ISM Manufacturing Prices (Medium); 10:00 JOLTS Job Openings (Medium) Watch: - Price is below the ON mid (29,374.25): ONL usually breaks first (~76%); ONH is reached first only ~23%. - Gap -298 pts (0.75 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 = 16 pts ($31/micro), 1.5x cap = 31 pts. Full page: https://peltonsites.com/mnq/
Pre-open update (MNQ.U26), 08:25 ET bar: 29,170.00. Phase: pre-market. In plain English: Overnight the market moved down about 336 points from yesterday's 29,506 close, a middling gap. We are below the middle of the overnight range, which usually means the overnight low (29,138) 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 16 to 33 points ($33 to $65), a target about one and a half times that, sent as a bracket so it runs without you. Levels: ONH 29,571.00 (+401) | PDH 29,538.00 (+368) | Prior close 29,506.25 (+336) | ON mid 29,354.50 (+184) | PDL 29,354.00 (+184) | ONL 29,138.00 (-32) 5m ATR 22 | daily ATR 397 | 9/21 EMA 29,173/29,192 News: 10:00 ISM Manufacturing PMI (High); 10:00 ISM Manufacturing Prices (Medium); 10:00 JOLTS Job Openings (Medium) Watch: - Price is below the ON mid (29,354.50): ONL usually breaks first (~76%); ONH is reached first only ~23%. - Gap -336 pts (0.85 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 = 16 pts ($33/micro), 1.5x cap = 33 pts. Full page: https://peltonsites.com/mnq/
MNQ morning map, Tue Sep 01 (MNQ.U26) PDH 29,538 | PDL 29,354 | prior close 29,506.25 ONH 29,571 | ONL 29,086.50 | ON mid 29,328.75 Pre-open 29,093.00: below ON mid -> ONL usually breaks first (~76%). Gap -413 pts = 1.04 daily ATR (mid-size gap, ~25-40% fill). Daily ATR 397 | 5-min ATR 22 News today: 10:00 ISM Manufacturing PMI (High); 10:00 ISM Manufacturing Prices (Medium); 10:00 JOLTS Job Openings (Medium) 10:00 release: no entries 9:55-10:15. Rules: nothing before 9:45, max 3 alerts, flat by 11:30.
Window open, first 15 minutes done (MNQ.U26), 09:40 ET bar: 29,082.50. Phase: open, watch only (9:30-9:45). In plain English: Overnight the market moved down about 396 points from yesterday's 29,506 close, a middling gap. We are below the middle of the overnight range, which usually means the overnight low (29,083) gets tested before the other end. Price is below today's average price (29,088), so the sellers 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 23 to 46 points ($46 to $91), a target about one and a half times that, sent as a bracket so it runs without you. Levels: ONH 29,571.00 (+488) | PDH 29,538.00 (+456) | Prior close 29,506.25 (+424) | PDL 29,354.00 (+272) | ON mid 29,326.88 (+244) | VWAP 29,088.42 (+6) | ONL 29,082.75 (+0) 5m ATR 30 | daily ATR 397 | 9/21 EMA 29,099/29,125 News: 10:00 ISM Manufacturing PMI (High); 10:00 ISM Manufacturing Prices (Medium); 10:00 JOLTS Job Openings (Medium) Watch: - Price is below the ON mid (29,326.88): ONL usually breaks first (~76%); ONH is reached first only ~23%. - Gap -396 pts (1.00 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 29,571.00 (+488 pts) is fresh: a poke of less than ~15 pts that closes back inside = Setup A short; a body close through it on heavy volume = a break, do not fade (already >1 daily ATR from the open: deep extremes rarely fade, skip). - PDH 29,538.00 (+456 pts) is fresh: a poke of less than ~15 pts that closes back inside = Setup A short; a body close through it on heavy volume = a break, do not fade (already >1 daily ATR from the open: deep extremes rarely fade, skip). - Broken today: PDL 29,354.00. A retest that holds is Setup B territory; do not fade these. Full page: https://peltonsites.com/mnq/
10:30 read (MNQ.U26): first-hour body 0.39 (up) -> mode rotation. IB 29,040.00-29,179.00 (139 pts = 0.35 daily ATR; narrow, extension likely). Price 29,165.00 above VWAP 29,115.76; 9 over 21; VWAP crosses in hour one: 2. Rotation: Setup A at fresh outer levels; Setup B only on a clean IB break.
11:30, 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.
13:00 afternoon read (MNQ.U26): price 29,191.00, above VWAP 29,173.80; first hour was up; morning mode rotation. Afternoon levels: day high 29,317.25 (+126) and day low 29,040 (-151). 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 32: stops 24-48 pts. Caps: 0/2 afternoon alerts. Flat by 15:55.
15:00 power hour (MNQ.U26): price 29,075.25, day down from the 29,110.75 open, below VWAP 29,158.00. Day high 29,317.25 / low 29,001.75. 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.
15:30 go-with-the-day: day is down 380 pts from yesterday's close but the first hour disagreed, so no Setup D today (the edge mostly lives where they agree).