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

The 0DTE tape

The Whalor 0DTE setup ledger from the October 1 session highlights two primary bearish plays. First, $QQQ was traded short using the "15m_200ma_bounce_rejection" setup, which is triggered by a 15m_sma200_rejection, a 1m_sma200_rejection, and a 1m_fresh_ma_reaction_low_break. This trade concluded with a "time_stop" result. Second, $IWM was traded short using the "Opening Range Retest Confirmation" setup, which also resulted in a "time_stop."

Looking back at the preceding sessions, a clear pattern of bearish defense has emerged. On September 29 and September 30, $IWM was traded bearishly using the "15m_200ma_bounce_rejection" setup (incorporating a 15m_sma200_rejection, 5m_lower_high_or_rejection, and a 1m_bearish_trigger), with both sessions ending in time stops. Meanwhile, bullish attempts on $SPY via the "opening_drive_reversal" setup on September 28 and September 29 were stopped out. This sequence of outcomes underscores a highly range-bound environment where neither sharp directional breakouts nor aggressive breakdowns have sustained immediate momentum.

SPY levels

During the October 1 session, $SPY opened at 764.36 and closed slightly lower at 764.03, representing a minor decline of 0.04% from its open.

• Session High: 765.65
• Session Low: 758.79
• Session VWAP: 762.57
• Opening 30-Minute Range: 762.45 to 765.34

QQQ levels

$QQQ opened the October 1 session at 742.51 and finished at 742.04, ticking down 0.06% from its opening print.

• Session High: 744.67
• Session Low: 736.25
• Session VWAP: 740.75
• Opening 30-Minute Range: 740.34 to 743.92

IWM levels

$IWM showed relative strength in the October 1 session, opening at 277.36 and closing up at 279.05, a gain of 0.61% from the open.

• Session High: 280.61
• Session Low: 275.45
• Session VWAP: 278.00
• Opening 30-Minute Range: 276.19 to 278.36

AMZN levels

$AMZN exhibited relative weakness on October 1, opening at 251.60 and closing down at 248.32, marking a 1.31% decline from its open.

• Session High: 251.83
• Session Low: 246.12
• Session VWAP: 248.27
• Opening 30-Minute Range: 248.14 to 251.83

Scenarios for the next session

Bullish Scenarios

For the upcoming session, bullish confirmation across these instruments requires a structural shift above key intraday parameters.

• $SPY: A bullish scenario confirms if the price holds above the session VWAP of 762.57 and successfully reclaims the opening 30-minute range high of 765.34. A sustained break above the prior session high of 765.65 would confirm further upward continuation.
• $QQQ: Buyers must establish acceptance above the session VWAP of 740.75. Bullish confirmation is achieved if the price breaks out past the opening 30-minute range high of 743.92, exposing the prior high of 744.67.
• $IWM: To sustain its relative strength, $IWM needs to hold above the previous close of 279.05. A break above the prior high of 280.61 confirms bullish expansion.
• $AMZN: Reclaiming the session VWAP of 248.27 and pushing back above the opening 30-minute range low of 248.14 would serve as the initial bullish confirmation, with a secondary target at the opening 30-minute high of 251.83.

Bearish Scenarios

Bearish scenarios rely on the failure of key support levels and the continuation of recent rejection patterns.

• $SPY: Bearish confirmation occurs if the price remains below the session VWAP of 762.57 and breaks beneath the opening 30-minute range low of 762.45. This shift opens the path toward a retest of the prior low of 758.79.
• $QQQ: If the price fails to hold the session close of 742.04 and breaks below the opening 30-minute range low of 740.34, bearish momentum is confirmed, targeting the prior low of 736.25.
• $IWM: A breakdown below the session VWAP of 278.00 and a subsequent break of the opening 30-minute range low of 276.19 would confirm a bearish reversal, targeting the previous low of 275.45.
• $AMZN: Continued weakness is confirmed if the price stays below the session VWAP of 248.27 and breaches the prior low of 246.12, signaling a continuation of the downward trend.

Disclaimer: This analysis is for educational purposes only and does not constitute financial advice.

Verified prior-session levels

• $SPY: open 764.36, high 765.65, low 758.79, close 764.03 (-0.04% from open), VWAP 762.57, opening 30m range 762.45-765.34.
• $QQQ: open 742.51, high 744.67, low 736.25, close 742.04 (-0.06% from open), VWAP 740.75, opening 30m range 740.34-743.92.
• $IWM: open 277.36, high 280.61, low 275.45, close 279.05 (+0.61% from open), VWAP 278.00, opening 30m range 276.19-278.36.
• $AMZN: open 251.60, high 251.83, low 246.12, close 248.32 (-1.31% from open), VWAP 248.27, opening 30m range 248.14-251.83.