ETF Market Structure Heat Map | 2026-10-28

MidDay Report • Preview generated 12:10 PM EDT

The Intra-Day Momentum Method (IDMM) measures intraday market behavior relative to mathematically defined levels anchored to the Open.

Universe: 67 ETFs | Valid structural quotes: 36

ML1 REACHED

• ETFs: 6

• At or above ML1: 6 / 6 (100.0%)

• At or above the Open: 6 / 6 (100.0%)

MS1 REACHED

• ETFs: 12

• At or below MS1: 7 / 12 (58.3%)

• At or below the Open: 11 / 12 (91.7%)

EXTENDED LEVELS REACHED

• ML2: 1 — TBT

• ML3: 0 — None

• MS2: 2 — EPI, EWW

• MS3: 1 — EWW

Reaches use session highs/lows. Third-level reaches are included in second-level counts.

INTRADAY REVERSALS

Reached both ML1 and MS1: 1

Tickers: OIH

OPEN OUTSIDE STRUCTURAL BOUNDARIES

• Total: 31 | Above: 23 | Below: 8

• Boundary and opening-price data available: 67 / 67

RETURN INSIDE STRUCTURE

• Currently between MS1 and ML1: 23 / 36 (63.9%)

• Reached ML1 or MS1, then returned inside: 4 / 17 (23.5%)

• Tickers: XHB, XLU, XME, XOP

SESSION OBSERVATION

4 of 17 ETFs that reached ML1 or MS1 are now back inside structure. This may indicate consolidation after the move; a single snapshot does not confirm sustained consolidation.

Explore the clickable heat map and individual session charts:

https://qatsystems.com/research/results/etf-heatmap.php

The framework is the edge.

Snapshot uses latest available prices, not verified closing prices. Each ETF is counted once in the return-inside group.

Source: Alpaca delayed SIP | Heat Map server time: 2026-10-28 12:10:11

For research and educational purposes only. Not investment advice. Results depend on the underlying data source.