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EDGE MARKET INTELLIGENCE

Research

Honest futures research for NQ, ES, and GC. Every edge here was tested on 3 years of real 1-minute data with an out-of-sample split and modeled costs — and we publish the setups that failed, not just the ones that worked.

HOW WE TEST · OUT-OF-SAMPLE OR IT DOESN'T COUNT
DATA3y real 1-minDatabento CME, 2023–26
VALIDATIONIn/out-of-samplepick on 67%, prove on 33%
COSTSSlippage modelednet, not gross
GUARDSCoverage checkssparse data can't fake a win
VALIDATED EDGE · OVERNIGHT RANGE BREAKOOS-STABLE
NQ+0.64R48% · OOS +0.73R · n=519
ES+0.38R42% · OOS +0.53R · n=533

After the NY open, trade the first break of the overnight (Globex 18:00→09:30 ET) high/low — but ONLY when the break agrees with the overnight session's own direction. Stop = ¼ of the overnight range; target 3R.

WHAT WE TESTED — AND WHAT FAILED
Gap fill — base rate (NQ / ES)~86% fill at some point; ~56% / ≈breakeven as a TRADE
Prior-day high/low break, continuation (NQ)+0.74R/trade · 50% win · positive 92% of months
Overnight-range break, continuation (NQ)+0.64R/trade · 48% win · OOS-stable
Overnight-range break, continuation (ES)+0.38R/trade · 42% win · OOS-stable
Turtle Soup — fade prior-day sweep−0.08R (NQ) / −0.12R (ES)
ICT Judas Swing — fade London sweep−0.34R out-of-sample (NQ)
AM Silver Bullet — fade 9am sweepbreakeven-to-negative
Naive opening-range / initial-balance break (1:1)≈ breakeven once fills are modeled

The pattern: on index futures, continuation beats fade. Every "fade the sweep" setup loses out-of-sample — which is why we publish the ones that don't work, not just the ones that do. See the gap-fill breakdown →

THE SESSION BIAS MAP · PRELIMINARY (BETA)

Combine four factors knowable by 09:45 — overnight direction, gap, prior-day body, ORB15. When all four agree (~1 in 3 days), the day closed that way ~68% of the time and the continuation trade made +1.29R (NQ). Below that, direction is a coin-flip — so the read is STAND DOWN. Honest caveat: this is preliminary — a small out-of-sample sample (n≈60, ±~12pp), a conviction/stand-down filter, not yet a graduated edge. A directional bias, not a win rate. The Session Bias Map indicator →

INSTRUMENTS
NQ · ES · GC
PUBLISH TIME
7:30 AM ET
FREQUENCY
Daily
DELIVERY
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DAILY COVERAGE

  • Daily gap fill probability
  • Regime classification
  • Volatility context
  • Opening range expectation
  • Session replay breakdowns
  • Macro event setups
  • Historical analog analysis
  • EDGE Score™ daily read
DAILY BRIEFING ARCHIVENEWSLETTER ARCHIVE PENDING

The daily pre-open briefing publishes via the newsletter; the searchable archive lands here once the Beehiiv integration is wired. Until then, the live read is on the NQ dashboard, and the validated research above is the real, out-of-sample work. We'd rather show you nothing than invent sample articles.

Every stat above is computed from real historical price data with an out-of-sample split — and we publish the setups that fail, not just the ones that work. Market context, not trading advice.