Whalor Setup Recap: September 2, 2026

Session price action

On September 2, 2026, major indices and tracked equities closed positive relative to their opening prices. $SPY opened at 762.45, fluctuated between a low of 761.73 and a high of 766.43, and closed at 765.12 (+0.35% from the open, above its session VWAP of 764.77). $QQQ showed a similar upward trajectory, opening at 707.10, trading in a 705.10–709.80 range, and closing at 709.29 (+0.31% from the open, above its session VWAP of 708.19). $IWM led the relative gains, opening at 291.54, reaching a high of 294.35, and closing at 294.02 (+0.85% from the open, above its session VWAP of 293.33).

Among individual equities, $AMZN opened at 254.25, traded between 253.40 and 256.24, and closed at 254.99 (+0.29% from the open, below its session VWAP of 255.03). $NVDA experienced wider volatility, opening at 218.78, trading up to a high of 227.95, and closing at 224.38 (+2.56% from the open, just below its session VWAP of 224.47).

Why the setups fired

Four technical setups were triggered during the session:

• $SPY Bullish Continuation: An ema_pullback_continuation setup (15m trend supportive / 5m 21EMA pullback hold / 1m pullback reversal) triggered near 763.45 as the index established an intraday uptrend.
• $AMZN Bullish Continuation: A similar ema_pullback_continuation setup triggered near 255.34 as the stock held its 5m 21EMA during its midday push.
• $SPY Bearish Trap: A bearish failed_breakout_breakdown_trap (resistance trap rejection / 5m failed breakout / 1m failed breakout loss) fired near 762.07 when the index met early resistance.
• $NVDA Bullish Trap: A bullish failed_breakout_breakdown_trap (support trap reclaim / 5m failed breakdown / 1m failed breakdown reclaim) fired near 227.03 as the stock reclaimed a key support level during its climb toward session highs.

What the outcomes showed

Of the 4 resolved setups, 3 were profitable and 1 resulted in a loss, representing a 75.0% win rate for the session. The modeled one-contract P&L for the day was +$77, bringing the month-to-date (MTD) record through this session to 5 resolved setups, 3 profitable, 2 losses, a 60.0% win rate, and a modeled P&L of -$4.

The average tracked peak across today's setups was +66.2%, with one setup crossing the +100% threshold. Specifically, the $SPY $763 CALL setup secured a +100% return (reaching a tracked peak of +156%). The $NVDA $227.5 CALL gained +50% (tracked peak of +57%), and the $AMZN $255 CALL returned +30% (tracked peak of +41%). Conversely, the bearish $SPY $762 PUT setup failed to sustain momentum, reaching a tracked peak of only +12% before stopping out at a loss of -65%.

What traders can learn

This session highlights the importance of aligning setups with the prevailing intraday trend. While the bearish $SPY PUT setup attempted to capture a resistance rejection, it was stopped out as the broader market maintained its upward trajectory. In contrast, the bullish pullback and support-reclaim setups on $SPY, $AMZN, and $NVDA captured the day's positive price action.

Additionally, the variance between the realized returns and the tracked peaks serves as a reminder of the necessity of structured profit-taking. Tracked peaks represent historical maximums during the trade's duration rather than consistently achievable exits.

We invite you to review every setup and its stock-candle outcome replay in the Whalor app.

Month-to-date record

Through September 2, 2026, Whalor has recorded 3 profitable outcomes and 2 losses across 5 resolved setups (60.0% profitable). The one-contract modeled result is -4 dollars under the published methodology below.

Every resolved setup

Contract	Setup	Outcome	Return	Tracked peak
$SPY $763 CALL · 2026-09-02	ema_pullback_continuation: 15m_trend_supportive / 5m_21ema_pullback_hold / 1m_pullback_reversal	PROFIT TAKEN	+100%	+156%
$AMZN $255 CALL · 2026-09-02	ema_pullback_continuation: 15m_trend_supportive / 5m_21ema_pullback_hold / 1m_pullback_reversal	PROFIT TAKEN	+30%	+41%
$SPY $762 PUT · 2026-09-02	failed_breakout_breakdown_trap: resistance_trap_rejection / 5m_failed_breakout / 1m_failed_breakout_loss	STOPPED OUT	-65%	+12%
$NVDA $227.5 CALL · 2026-09-02	failed_breakout_breakdown_trap: support_trap_reclaim / 5m_failed_breakdown / 1m_failed_breakdown_reclaim	PROFIT TAKEN	+50%	+57%

Methodology: Modeled P&L assumes one contract per setup. A setup that reached +50% is counted at +50%; otherwise a setup that reached +30% is counted at +30%; all other resolved outcomes use the recorded exit return. Tracked peak is hindsight context, not an assumed exit. Educational only, not financial advice.