NQ December Commentary 09/29/2026

Good evening. Today's review focuses on price action during different trading sessions. The London session showed trending behavior. From 7 a.m. to 9 a.m., price consolidated, failing to break the initial low. The morning session, 9:30 a.m. to 11 a.m., saw a reversal followed by consolidation and a break lower into the New York lunch break (11:30 a.m. to 1:30 p.m.). During lunch, price drifted lower, taking out London session liquidity, then rallied back into Tuesday's regular trading hours opening range gap. The speaker highlights a gap low at 9:30 a.m. and how price moved outside it before returning. Notably, the 9:30 a.m. opening price acted as a magnet. Price then dipped below a low, clearing liquidity, before rallying back into Tuesday's opening range gap and a fair value gap. It then moved to the high of that gap and rallied to the regular trading hours opening price for the day. The speaker anticipates price may move higher, potentially towards Monday's open range gap and its midpoint, targeting liquidity pools above recent highs. The session concludes with a brief outlook for tomorrow.