MNQ day review

Friday, Sep 11, 2026 · MNQ.U26 -33 pts open 29,417.50 · close 29,384.25 ← all days today →

The whole day

29,01529,11729,21829,32029,42229,52409:0010:0011:0012:0013:0014:0015:009:30 openONH/HOD 29,500IBH 29,475OR15H 29,440OR15L/IBL 29,347LOD 29,334PDH 29,275Prior close 29,137PDL 29,058ONL 29,038

Calls and outcomes

TimeSetupEntryStopTargetOutcome
10:50A long · A r4
OR15L+IBL
29,369.7529,329.0029,430.88win (+1.5R)
15:25D long (paper) · B r6
15:30 go-with-the-day
29,414.7529,400.2529,451.00loss (-1.0R)

Your trades

No trades this day.

How the day played out

The day opened at 29,418, ranged 166 points (29,334 to 29,500), and closed at 29,384 (-33 from the open). The high printed at 11:30 and the low at 10:45 ET.

The middling 280-point gap never filled; yesterday's close at 29,137 was left behind.

The first hour was indecisive (body 0.26): a chop morning, where breakouts fail and the playbook wants patience over trades.

The system sent 2 calls (A, B): 1 won, 1 lost, +0.5R in total.

Call of the day: Setup A long at 10:50 off OR15L+IBL (+1.5R). Worth replaying the chart around that bar.

You took no trades this day.

Levels at the close

LevelPriceStatus
ONH29,500.75fresh
HOD29,499.50fresh
IBH29,475.00broken (closed through)
OR15H29,440.25broken (closed through)
VWAP29,421.78reference
OR15L29,347.25tested 10:45
IBL29,347.25tested 10:45
LOD29,334.00fresh
PDH29,275.25broken (closed through)
ON mid29,269.38reference
Prior close29,137.25reference
PDL29,057.75fresh
ONL29,038.00fresh

Every alert

07:25 UPDATE
Early morning update (MNQ.U26), 07:25 ET bar: 29,312.50. Phase: pre-market.

In plain English: Overnight the market moved up about 175 points from yesterday's 29,137 close, a middling gap. We are above the middle of the overnight range, which usually means the overnight high (29,340) 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 12 to 23 points ($23 to $46), a target about one and a half times that, sent as a bracket so it runs without you.

Levels: ONH 29,340.00 (+28) | PDH 29,275.25 (-37) | ON mid 29,189.00 (-124) | Prior close 29,137.25 (-175) | PDL 29,057.75 (-255) | ONL 29,038.00 (-274)
5m ATR 15 | daily ATR 386 | 9/21 EMA 29,308/29,308
News: 08:30 CPI m/m (High); 08:30 CPI y/y (High); 08:30 Core CPI m/m (High); 08:30 Core CPI y/y (High); 10:00 Prelim UoM Consumer Sentiment (Medium); 10:00 Prelim UoM Inflation Expectations (Medium)
Watch:
- Price is above the ON mid (29,189.00): ONH usually breaks first (~76%); ONL is reached first only ~23%.
- Gap +175 pts (0.45 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.
- 8:30 release today: the open runs hotter than usual (ATR ~1.5x). Stops widen, size stays 1 micro, be pickier.
- 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 = 12 pts ($23/micro), 1.5x cap = 23 pts.
Full page: https://peltonsites.com/mnq/
08:25 UPDATE
Pre-open update (MNQ.U26), 08:25 ET bar: 29,381.00. Phase: pre-market.

In plain English: Overnight the market moved up about 244 points from yesterday's 29,137 close, a middling gap. We are above the middle of the overnight range, which usually means the overnight high (29,396) 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 32 points ($32 to $65), a target about one and a half times that, sent as a bracket so it runs without you.

Levels: ONH 29,396.00 (+15) | PDH 29,275.25 (-106) | ON mid 29,217.00 (-164) | Prior close 29,137.25 (-244) | PDL 29,057.75 (-323) | ONL 29,038.00 (-343)
5m ATR 22 | daily ATR 386 | 9/21 EMA 29,335/29,324
News: 08:30 CPI m/m (High); 08:30 CPI y/y (High); 08:30 Core CPI m/m (High); 08:30 Core CPI y/y (High); 10:00 Prelim UoM Consumer Sentiment (Medium); 10:00 Prelim UoM Inflation Expectations (Medium)
Watch:
- Price is above the ON mid (29,217.00): ONH usually breaks first (~76%); ONL is reached first only ~23%.
- Gap +244 pts (0.63 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.
- 8:30 release today: the open runs hotter than usual (ATR ~1.5x). Stops widen, size stays 1 micro, be pickier.
- 9:30-9:45: watch only. A third of overnight-level breaks happen in the first 5 minutes; most whipsaws live here.
- Price is 57 pts from the 21 EMA (>2 ATR): extended, do not chase; wait for the pullback.
Full page: https://peltonsites.com/mnq/
09:10 BRIEF
MNQ morning map, Fri Sep 11 (MNQ.U26)
PDH 29,275.25 | PDL 29,057.75 | prior close 29,137.25
ONH 29,500.75 | ONL 29,038 | ON mid 29,269.38
Pre-open 29,443.25: above ON mid -> ONH usually breaks first (~76%).
Gap +306 pts = 0.79 daily ATR (mid-size gap, ~25-40% fill).
Daily ATR 386 | 5-min ATR 37
News today: 08:30 CPI m/m (High); 08:30 CPI y/y (High); 08:30 Core CPI m/m (High); 08:30 Core CPI y/y (High); 10:00 Prelim UoM Consumer Sentiment (Medium); 10:00 Prelim UoM Inflation Expectations (Medium)
10:00 release: no entries 9:55-10:15.
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: 29,431.75. Phase: open, watch only (9:30-9:45).

In plain English: Overnight the market moved up about 280 points from yesterday's 29,137 close, a middling gap. We are above the middle of the overnight range, which usually means the overnight high (29,501) gets tested before the other end. Price is above today's average price (29,402), 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 32 to 64 points ($64 to $128), a target about one and a half times that, sent as a bracket so it runs without you.

Levels: ONH 29,500.75 (+69) | VWAP 29,402.10 (-30) | PDH 29,275.25 (-156) | ON mid 29,269.38 (-162) | Prior close 29,137.25 (-294) | PDL 29,057.75 (-374) | ONL 29,038.00 (-394)
5m ATR 43 | daily ATR 386 | 9/21 EMA 29,420/29,398
News: 08:30 CPI m/m (High); 08:30 CPI y/y (High); 08:30 Core CPI m/m (High); 08:30 Core CPI y/y (High); 10:00 Prelim UoM Consumer Sentiment (Medium); 10:00 Prelim UoM Inflation Expectations (Medium)
Watch:
- Price is above the ON mid (29,269.38): ONH usually breaks first (~76%); ONL is reached first only ~23%.
- Gap +280 pts (0.73 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.
- 8:30 release today: the open runs hotter than usual (ATR ~1.5x). Stops widen, size stays 1 micro, be pickier.
- ONH 29,500.75 (+69 pts) is fresh: a poke of less than ~21 pts that closes back inside = Setup A short; a body close through it on heavy volume = a break, do not fade.
- ONL 29,038.00 (-394 pts) is fresh: a poke of less than ~21 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/
10:05 SKIPPED
Setup A at OR15H 29,440.25 confirmed at 10:05 but SKIPPED: 10:00 news window
10:15 HEADSUP
👀 opening-range high (29,440) got poked and price snapped back. If the next 5-min bar closes back under it, it's a SHORT (~38 pts, $76 risk). About 5 min to decide.
10:25 READ
10:30 read (MNQ.U26): first-hour body 0.26 (up) -> mode chop.
IB 29,347.25-29,475.00 (128 pts = 0.33 daily ATR; narrow, extension likely).
Price 29,451.25 above VWAP 29,414.61; 9 over 21; VWAP crosses in hour one: 4.
Chop: no Setup B; at most one Setup A at an outer level, or take the morning off.
10:45 HEADSUP
👀 opening-range low (29,347) got poked and price snapped back. If the next 5-min bar closes back over it, it's a LONG (~70 pts, $140 risk). About 5 min to decide.
10:50 CONFIRMED A · risk 4
🟢 A · risk 4/10 · LONG MNQ · fade
In 29,369.75
Stop 29,329  (-$82)
Target 29,430.88  (+$122, 1.5R)
Runner if it flies: 29,440.25 (+$141)
Why: poked opening-range low / first-hour low (29,347) and snapped back over it.
Out: a 5-min close back past 29,329.
Size: 1 MNQ, full size · Day: choppy
Day halt (2 losses). No ticket — stop looking.
11:05 INFO
Setup A long (A, risk 4) from 10:50: hit TARGET at 11:10 (+1.5R).
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, 1 graded calls sent, 0 watch-only (C) on the page.
- Setup A long 10:50 [A, risk 4]: win (+1.5R)
Your trades today: no trades.
Auto-flatten: no position to flatten
11:55 READ
12:00 midday read (MNQ.U26): price 29,450.00, morning mode chop. Still alive. The last 30 min ranged 58 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.
12:55 READ
13:00 afternoon read (MNQ.U26): price 29,436.75, above VWAP 29,418.11; first hour was up; morning mode chop.
Afternoon levels: day high 29,499.50 (+63) and day low 29,334 (-103).
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 31: stops 23-47 pts. Caps: 0/3 afternoon alerts. Flat by 15:55.
14:55 READ
15:00 power hour (MNQ.U26): price 29,429.00, day up from the 29,417.50 open, above VWAP 29,422.59.
Day high 29,499.50 / low 29,334. 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 B · risk 6
🟡 B · risk 6/10 · LONG MNQ · close-into-the-bell
In 29,414.75
Stop 29,400.25  (-$29)
Target 29,451  (+$72, 2.5R)
Why: the day has been up 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 only · Day: choppy
(afternoon paper call - no Approve button)
15:50 INFO
Setup D long (B, risk 6) from 15:25: hit STOP at 15:55 (-1.0R).