0DTE Market Map: SPY, QQQ, IWM & AMZN — September 2, 2026

The 0DTE tape

The session on 2026-09-01 showed tight and mixed relative performance across major indices and AMZN. The Whalor setup ledger highlights a challenging period for trend continuation. Specifically, on 2026-09-01, a QQQ bearish ema_pullback_continuation setup stopped out. This followed another stopped-out bearish QQQ ema_pullback_continuation on 2026-08-31, alongside an IWM bearish failed_breakout_breakdown_trap that resolved in a time stop.

The recent sequence since late August has been heavily characterized by time stops across various setups, including double bottom reversals and opening drive reversals. This structural behavior signals a lack of sustained directional follow-through in the immediate 0DTE window, marking an environment where breakout and breakdown attempts have frequently stalled.

SPY levels

During the 2026-09-01 session, SPY opened at 762.01, posted a session high of 764.67, and a session low of 759.48. It closed at 761.66, representing a minor decline of -0.05% from its open. The session VWAP settled at 762.02.

Intraday traders should monitor the opening 30-minute range established between 761.17 and 762.48. For the upcoming session:

• Bullish confirmation requires holding above the session VWAP of 762.02 and reclaiming the opening 30-minute high of 762.48.
• Bearish confirmation is established if price remains below the 30-minute low of 761.17, targeting a test of the session low at 759.48.

QQQ levels

QQQ opened the prior session at 707.39, reached a high of 712.30, and printed a low of 704.66 before closing at 707.67 (+0.04% from the open). The session VWAP was 708.12. The opening 30-minute range was defined by 705.62 on the downside and 708.45 on the upside.

For the next session:

• Bullish confirmation hinges on QQQ sustaining trading action above the session VWAP of 708.12 and clearing the 30-minute range high of 708.45.
• Bearish confirmation is marked by acceptance below the 30-minute range low of 705.62, bringing the session low of 704.66 back into play.

IWM levels

IWM opened at 291.98, registered a high of 292.94, and fell to a low of 289.97, closing near its lows at 290.60 (-0.47% from its open). The session VWAP sat higher at 291.23. The opening 30-minute range was established between 291.23 and 292.94.

For the next session:

• Bullish confirmation requires reclaiming the session VWAP of 291.23 and holding inside the opening 30-minute range.
• Bearish confirmation is active if price stays below the close of 290.60 and breaks under the session low of 289.97.

AMZN levels

AMZN opened at 254.83, pushed to a high of 255.82, dropped to a low of 251.93, and closed at 254.92 (+0.04% from the open). The session VWAP was 254.52, while the opening 30-minute range spanned from 251.93 to 255.82.

For the next session:

• Bullish confirmation requires holding above the session VWAP of 254.52 and breaking past the 30-minute high of 255.82.
• Bearish confirmation would be marked by a breakdown below the 30-minute low of 251.93, which also marks the prior session low.

Scenarios for the next session

• Bullish Scenario: Across all assets, a bullish intraday shift requires immediate acceptance above the prior session VWAPs (SPY 762.02, QQQ 708.12, IWM 291.23, AMZN 254.52). If buyers can defend these VWAP levels and drive prices above the respective opening 30-minute highs, look for potential failed breakdown traps or double bottom reversals to trigger, mimicking the structures seen in late August.
• Bearish Scenario: A bearish posture is confirmed if the indices open or quickly trend below their respective 30-minute range lows (SPY 761.17, QQQ 705.62, IWM 291.23, AMZN 251.93). Sustained volume below these levels, coupled with rejections at the prior VWAPs, would confirm continuation pathways toward the session lows (SPY 759.48, QQQ 704.66, IWM 289.97, AMZN 251.93).

Verified prior-session levels

• $SPY: open 762.01, high 764.67, low 759.48, close 761.66 (-0.05% from open), VWAP 762.02, opening 30m range 761.17-762.48.
• $QQQ: open 707.39, high 712.30, low 704.66, close 707.67 (+0.04% from open), VWAP 708.12, opening 30m range 705.62-708.45.
• $IWM: open 291.98, high 292.94, low 289.97, close 290.60 (-0.47% from open), VWAP 291.23, opening 30m range 291.23-292.94.
• $AMZN: open 254.83, high 255.82, low 251.93, close 254.92 (+0.04% from open), VWAP 254.52, opening 30m range 251.93-255.82.