0DTE Market Map: SPY, QQQ, IWM & AMZN — September 14, 2026

The 0DTE tape

On September 11, 2026, the intraday tape was characterized by mixed performance and limited trend extension. SPY (-0.07%), QQQ (-0.12%), and IWM (-0.62%) all finished lower relative to their opening prints, while AMZN (+1.06%) bucked the broader market trend to close in positive territory.

The recent Whalor setup ledger highlights a challenging, mean-reverting environment for intraday strategies. Bullish attempts on QQQ (double bottom reversal) and AMZN (EMA pullback continuation) both resulted in stopped-out trades. Meanwhile, bearish setups on IWM (EMA13 rejection) and SPY (opening drive reversal) stalled out, ultimately hitting their time stops. This price action underscores the importance of waiting for clear confirmation rather than chasing early directional moves.

SPY levels

During the September 11 session, SPY opened at 764.72, reached a high of 766.38, and fell to a low of 763.60 before closing at 764.20. The volume-weighted average price (VWAP) finished the session at 765.17. The opening 30-minute range was established between 764.23 and 766.38. Notably, SPY closed below its VWAP and just below its opening 30-minute range floor, indicating that sellers held a slight advantage heading into the closing bell.

QQQ levels

QQQ opened the session at 715.68, printed an intraday high of 717.63, and dropped to an intraday low of 713.63. It closed at 714.85, representing a slight decline from the open. The session VWAP was 715.76. The opening 30-minute range was defined by 713.93 on the downside and 717.05 on the upside. QQQ closed below its VWAP but managed to hold within its opening 30-minute range, reflecting a compressed, range-bound structure.

IWM levels

IWM exhibited the greatest relative weakness among the index exchange-traded funds. Opening at 290.71, it hit a high of 291.44 before falling to a low of 288.77 and closing near its lows at 288.92. The session VWAP stood at 289.59. The opening 30-minute range spanned from 289.75 to 291.44. IWM's close below both its VWAP and its opening 30-minute range floor highlights persistent intraday distribution.

AMZN levels

In contrast to the broader market, AMZN displayed relative strength. Opening at 254.09, it achieved a high of 257.59, established a low of 253.14, and closed near its daily highs at 256.79. The session VWAP was 256.35. Its opening 30-minute range was set at 253.14 to 256.75. AMZN managed to close above both its VWAP and its initial 30-minute high, marking it as a clear relative leader on the day.

Scenarios for the next session

To navigate the upcoming session, 0DTE traders can monitor specific price boundaries for confirmation of directional momentum.

Bullish Confirmation Scenarios

• SPY: Acceptance above the session VWAP of 765.17, followed by a sustained breakout above the opening 30-minute high of 766.38.
• QQQ: Reclaiming the session VWAP of 715.76 and driving through the initial 30-minute range high of 717.05.
• IWM: A reclaim of the opening 30-minute range low at 289.75 and the session VWAP of 289.59, signaling a failure of the prior session's breakdown.
• AMZN: Holding above the VWAP of 256.35 and breaking out past the prior high of 257.59 to continue its relative uptrend.

Bearish Confirmation Scenarios

• SPY: Rejection at the VWAP of 765.17, leading to a breakdown below the prior session low of 763.60.
• QQQ: Failure to reclaim the VWAP of 715.76, followed by a break below the opening 30-minute low of 713.93 and the session low of 713.63.
• IWM: Continued rejection below the VWAP of 289.59, leading to a breakdown below the session low of 288.77.
• AMZN: A reversal below the VWAP of 256.35, followed by a break back into the opening 30-minute range, targeting the low of 253.14.

This scenario map is designed to provide structural reference points based strictly on historical session data. It does not predict direction. All trading involves risk. Educational purposes only.

Verified prior-session levels

• $SPY: open 764.72, high 766.38, low 763.60, close 764.20 (-0.07% from open), VWAP 765.17, opening 30m range 764.23-766.38.
• $QQQ: open 715.68, high 717.63, low 713.63, close 714.85 (-0.12% from open), VWAP 715.76, opening 30m range 713.93-717.05.
• $IWM: open 290.71, high 291.44, low 288.77, close 288.92 (-0.62% from open), VWAP 289.59, opening 30m range 289.75-291.44.
• $AMZN: open 254.09, high 257.59, low 253.14, close 256.79 (+1.06% from open), VWAP 256.35, opening 30m range 253.14-256.75.