0DTE Market Map: SPY, QQQ, IWM & AMZN — October 5, 2026

The 0DTE tape

The session on October 2, 2026, demonstrated a mixed-to-soft tone across the major indices, while individual mega-caps like AMZN showed relative flatline stability. SPY, QQQ, and IWM all closed lower than their respective opening prices, while AMZN closed virtually unchanged.

From a Whalor setup perspective, the most recent active play was a bullish zero_dte_ema13_bounce on QQQ, which utilized a 5-minute EMA13 bounce and a 1-minute EMA reaction high break. Prior sessions in late September and early October favored bearish structures, particularly the 15m_200ma_bounce_rejection and Opening Range Retest Confirmation setups on IWM and QQQ, alongside some stopped-out bullish opening_drive_reversal attempts on SPY.

SPY levels

SPY finished the October 2 session at 769.65, representing a -0.12% decline from its opening print of 770.58. The day's peak was established at 772.65, while the session low printed at 767.14. The volume-weighted average price (VWAP) settled at 769.88. Traders monitoring early-session volatility should note the opening 30-minute range, which was bounded by 769.07 on the downside and 772.09 on the upside.

QQQ levels

QQQ closed at 749.55, down -0.23% from its opening level of 751.31. The tech-heavy index established a daily high of 754.54 and a daily low of 747.53. The session VWAP concluded at 750.57. The opening 30-minute range for QQQ was defined by a low of 749.10 and a high of 752.60.

IWM levels

IWM experienced the largest relative decline from its open among the major indices, closing at 281.51, which was -0.29% below its open of 282.33. The small-cap index traded as high as 283.56 and as low as 280.89 during the session. IWM's VWAP for the day was 281.98. The initial 30-minute opening range was bound by 281.90 and 283.33.

AMZN levels

AMZN showed flat relative performance, opening at 251.50 and closing at 251.53 (+0.01% from its open). The stock traded within a high of 253.56 and a low of 250.02. The daily VWAP for AMZN printed at 251.45. The opening 30-minute range spanned from a low of 250.72 up to a high of 253.56.

Scenarios for the next session

For the upcoming session, traders can construct non-predictive scenarios based on the relationship between price action, VWAP, and key boundaries from the October 2 session.

Bullish Scenarios

A bullish scenario would see prices sustained above the prior session VWAPs (SPY 769.88, QQQ 750.57, IWM 281.98, AMZN 251.45).

• QQQ: Bulls would seek confirmation by breaking and holding above the opening 30-minute high of 752.60, potentially targeting the session high of 754.54. A valid bullish setup could mirror the recent zero_dte_ema13_bounce, requiring an EMA13 support reaction on the 15-minute or 5-minute chart, followed by a 1-minute EMA reaction high break.
• SPY: A bullish scenario would involve reclaiming the 769.88 VWAP and pushing past the 30-minute range high of 772.09.
• AMZN: Bulls would look for price to hold above 251.53 and break past the 30-minute range high of 253.56.

Bearish Scenarios

A bearish scenario would develop if prices remain below the prior session VWAPs.

• IWM: Bearish momentum would be confirmed by a failure to reclaim the VWAP of 281.98, followed by a break below the opening 30-minute range low of 281.90 and the session low of 280.89. Under this scenario, traders might monitor for an Opening Range Retest Confirmation or a 15m_200ma_bounce_rejection structure, looking for a 15-minute SMA200 rejection and a subsequent 1-minute fresh moving average reaction low break.
• AMZN: Bears would look for price to trade below the daily VWAP of 251.45, targeting a break of the session low at 250.02.
• SPY: A bearish breakdown would be framed by price remaining below 769.88 and breaking below the 30-minute range low of 769.07 toward the session low of 767.14.

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

Verified prior-session levels

• $SPY: open 770.58, high 772.65, low 767.14, close 769.65 (-0.12% from open), VWAP 769.88, opening 30m range 769.07-772.09.
• $QQQ: open 751.31, high 754.54, low 747.53, close 749.55 (-0.23% from open), VWAP 750.57, opening 30m range 749.10-752.60.
• $IWM: open 282.33, high 283.56, low 280.89, close 281.51 (-0.29% from open), VWAP 281.98, opening 30m range 281.90-283.33.
• $AMZN: open 251.50, high 253.56, low 250.02, close 251.53 (+0.01% from open), VWAP 251.45, opening 30m range 250.72-253.56.