MNQ day review

Tuesday, Sep 08, 2026 · MNQ.U26 -100 pts open 29,645.00 · close 29,544.50 ← all days today →

The whole day

29,40729,48229,55729,63229,70729,78209:0010:0011:0012:0013:0014:0015:009:30 openONH 29,765IBH/OR15H/HOD 29,687PDH 29,646Prior close 29,604PDL 29,564ONL 29,478OR15L 29,466IBL/LOD 29,424

Calls and outcomes

TimeSetupEntryStopTargetOutcome
15:25D short (paper) · A r4
15:30 go-with-the-day
29,564.0029,591.5029,495.25win (+2.5R)

Your trades

No trades this day.

How the day played out

The day opened at 29,645, ranged 262 points (29,424 to 29,687), and closed at 29,544 (-100 from the open). The high printed at 09:30 and the low at 10:10 ET.

The small 41-point gap filled at 09:30: yesterday's close (29,604) acted as the magnet the base rates say it is.

The morning rotated without committing: edges mattered, the middle did not.

The system sent 1 call (A): 1 won, 0 lost, +2.5R in total (paper).

Call of the day: Setup D short at 15:25 off 15:30 go-with-the-day (+2.5R). Worth replaying the chart around that bar.

You took no trades this day.

Levels at the close

LevelPriceStatus
ONH29,764.75fresh
IBH29,686.75fresh
OR15H29,686.75fresh
HOD29,686.75fresh
PDH29,646.00tested 09:30
ON mid29,621.62reference
Prior close29,604.25reference
PDL29,563.75broken (closed through)
VWAP29,556.49reference
ONL29,478.50broken (closed through)
OR15L29,466.25broken (closed through)
IBL29,424.50fresh
LOD29,424.50fresh

Every alert

07:25 UPDATE
Early morning update (MNQ.U26), 07:25 ET bar: 29,562.75. Phase: pre-market.

In plain English: Overnight the market moved down about 42 points from yesterday's 29,604 close, a small gap. Gaps that size usually get filled, so 29,604 is a magnet today. We are below the middle of the overnight range, which usually means the overnight low (29,478) 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 29,764.75 (+202) | PDH 29,646.00 (+83) | ON mid 29,621.62 (+59) | Prior close 29,604.25 (+42) | PDL 29,563.75 (+1) | ONL 29,478.50 (-84)
5m ATR 23 | daily ATR 378 | 9/21 EMA 29,568/29,570
Watch:
- Price is below the ON mid (29,621.62): ONL usually breaks first (~76%); ONH is reached first only ~23%.
- Gap -42 pts is tiny (0.11 daily ATR): the prior close 29,604.25 is a magnet (fills ~78%); expect the overnight range to get swept.
- 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 UPDATE
Pre-open update (MNQ.U26), 08:25 ET bar: 29,595.50. Phase: pre-market.

In plain English: Overnight the market moved down about 9 points from yesterday's 29,604 close, a small gap. Gaps that size usually get filled, so 29,604 is a magnet today. We are below the middle of the overnight range, which usually means the overnight low (29,478) 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 35 points ($35 to $69), a target about one and a half times that, sent as a bracket so it runs without you.

Levels: ONH 29,764.75 (+169) | PDH 29,646.00 (+50) | ON mid 29,621.62 (+26) | Prior close 29,604.25 (+9) | PDL 29,563.75 (-32) | ONL 29,478.50 (-117)
5m ATR 23 | daily ATR 378 | 9/21 EMA 29,578/29,574
Watch:
- Price is below the ON mid (29,621.62): ONL usually breaks first (~76%); ONH is reached first only ~23%.
- Gap -9 pts is tiny (0.02 daily ATR): the prior close 29,604.25 is a magnet (fills ~78%); expect the overnight range to get swept.
- 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 ($35/micro), 1.5x cap = 35 pts.
Full page: https://peltonsites.com/mnq/
09:10 BRIEF
MNQ morning map, Tue Sep 08 (MNQ.U26)
PDH 29,646 | PDL 29,563.75 | prior close 29,604.25
ONH 29,764.75 | ONL 29,478.50 | ON mid 29,621.62
Pre-open 29,658.75: above ON mid -> ONH usually breaks first (~76%).
Gap +54 pts = 0.14 daily ATR (tiny gap, fills ~78% same day).
Daily ATR 378 | 5-min ATR 22
News: nothing high-impact on the calendar.
Rules: nothing before 9:45, max 3 alerts, flat by 11:30.
09:40 UPDATE
Window open, first 15 minutes done (MNQ.U26), 09:40 ET bar: 29,474.25. Phase: open, watch only (9:30-9:45).

In plain English: Overnight the market moved up about 41 points from yesterday's 29,604 close, a small gap. Gaps that size usually get filled, so 29,604 is a magnet today. We are below the middle of the overnight range, which usually means the overnight low (29,478) gets tested before the other end. Price is below today's average price (29,571), 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 27 to 53 points ($53 to $106), a target about one and a half times that, sent as a bracket so it runs without you.

Levels: ONH 29,764.75 (+290) | PDH 29,646.00 (+172) | ON mid 29,621.62 (+147) | Prior close 29,604.25 (+130) | VWAP 29,570.72 (+96) | PDL 29,563.75 (+90) | ONL 29,478.50 (+4)
5m ATR 35 | daily ATR 378 | 9/21 EMA 29,593/29,603
Watch:
- Price is below the ON mid (29,621.62): ONL usually breaks first (~76%); ONH is reached first only ~23%.
- Gap +41 pts is tiny (0.11 daily ATR): the prior close 29,604.25 is a magnet (fills ~78%); expect the overnight range to get swept.
- ONH 29,764.75 (+290 pts) is fresh: a poke of less than ~18 pts that closes back inside = Setup A short; a body close through it on heavy volume = a break, do not fade.
- Broken today: ONL 29,478.50. A retest that holds is Setup B territory; do not fade these.
- Price is 129 pts from the 21 EMA (>2 ATR): extended, do not chase; wait for the pullback.
- Stop sizing right now: 0.75x ATR = 27 pts ($53/micro), 1.5x cap = 53 pts.
Full page: https://peltonsites.com/mnq/
09:55 HEADSUP
👀 The down move is pulling back to the average price and may set up a SHORT. If the next 5-min bar turns back down off it, that's the go (~41 pts risk). About 5 min to decide.
10:00 HEADSUP
👀 opening-range low (29,466) got poked and price snapped back. If the next 5-min bar closes back over it, it's a LONG (~52 pts, $105 risk). About 5 min to decide.
10:25 READ
10:30 read (MNQ.U26): first-hour body 0.49 (down) -> mode rotation.
IB 29,424.50-29,686.75 (262 pts = 0.69 daily ATR; normal).
Price 29,516.50 below VWAP 29,517.64; 21 over 9; VWAP crosses in hour one: 2.
Rotation: Setup A at fresh outer levels; Setup B only on a clean IB break.
11:25 DONE
11:30, morning window over (MNQ.U26). Lunch until 13:00: only PDH/PDL/ONH/ONL fades qualify and they arrive graded B with the thin tape priced in. A 12:00 read will say whether lunch is dead. Afternoon opens 13:00 with the day's high/low as its levels.
This morning: 2 heads-up, 0 graded calls sent, 0 watch-only (C) on the page.
Your trades today: no trades.
Auto-flatten: no position to flatten
11:55 READ
12:00 midday read (MNQ.U26): price 29,604.25, morning mode rotation. Still alive. The last 30 min ranged 50 pts; outer levels in reach: none close yet. Only PDH/PDL/ONH/ONL fades count over lunch, and they arrive graded B with +2 risk for the thin tape.
12:20 HEADSUP
👀 yesterday's low (29,564) got poked and price snapped back. If the next 5-min bar closes back over it, it's a LONG (~34 pts, $67 risk). About 5 min to decide.
12:55 READ
13:00 afternoon read (MNQ.U26): price 29,573.75, above VWAP 29,547.93; first hour was down; morning mode rotation.
Afternoon levels: day high 29,686.75 (+113) and day low 29,424.50 (-149).
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 30: stops 22-45 pts. Caps: 0/3 afternoon alerts. Flat by 15:55.
14:55 READ
15:00 power hour (MNQ.U26): price 29,575.75, day down from the 29,645 open, above VWAP 29,557.78.
Day high 29,686.75 / low 29,424.50. 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 PMSETUP A · risk 4
🟢 A · risk 4/10 · SHORT MNQ · close-into-the-bell
In 29,564
Stop 29,591.50  (-$55)
Target 29,495.25  (+$138, 2.5R)
Why: the day has been down since the open, so this rides it into the 4pm close.
Out: a 5-min close back against the 3:00-3:30 range, or 3:55, whichever comes first.
Size: 1 MNQ, full size · Day: range-bound
(afternoon paper call - no Approve button)
15:50 INFO
Setup D short (A, risk 4) from 15:25: hit TARGET at 15:55 (+2.5R).