Market Profile June 15th Recap and Plan for June 16th, 2026

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Market Profile June 15th Recap and Plan for June 16th, 2026E-mini Nasdaq-100 Futures (Sep 2026)CME_MINI:NQU2026JP_MarketProfileBulls Flex Massive Strength on Contract Rollover ES1! NQ1! This is the review of June 15th, 2026. Using TradingView's Market Profile, let’s review today's price action and look at what is ahead for tomorrow. As a reminder to our community, at Camelback Trading we officially rolled over to the September Contract today, and we do not back-adjust our charts. Market Structure & Today's Development The buyers absolutely dominated the session. Heading into the cash open, overnight inventory was net long. Combined with the contract rollover, this created massive daily and weekly gaps to the upside. Both ES and NQ opened with zero inventory correction, signaling immediate aggressive buying. While ES and NQ went on to print new All-Time Highs (ATHs) during the F and G periods respectively, the afternoon saw a rotation into new intraday lows. Crucially, however, both instruments held their opening prints and kept their gaps completely intact. Key Market Generated Information (MGI) Takeaways: No Excess at Highs: Neither NQ nor ES left excess at their respective ATHs. This means the auction upwards is legally unfinished. Value Migration: Value was successfully brought higher on the day. Timeframe Alignment: The Daily is UP, the Weekly is developing a balance, and the Monthly remains UP. Final MGI Scores: NQ finished 8-0 Bulls, while ES wrapped up at 6-2 Bulls. NQ vs. ES Nuance: NQ held its trend much more efficiently, leaving behind a single set of single prints, forming a double-distribution day, and carrying over a prominent 9-Wide POC. ES was unable to maintain its trend structure and will simply treat today’s entire range as its sandbox for tomorrow. Even though some of this strength can be credited to the structural mechanics of the Rollover, the case for dominant bulls was well proven. To keep this momentum, they must hold their lead; losing today's low would immediately push the daily timeframe back into a balance. The Game Plan for Tomorrow E-mini S&P 500 (ES) ES is not carrying over any structural intraday references. The Bull Case: If price opens inside today's Value Area, stay patient and let early MGI declare the day's direction. If bulls accept above the Value Area High (VAH), expect a continuous push for new ATHs. Longs will remain the safest play as long as real-time MGI supports them. Because there is no excess at the current ATH, we do not expect sellers to defend it aggressively. If the GLOBEX session prints a new ATH overnight, that becomes the immediate target for buyers. The Bear Case: Sellers need acceptance below today’s Value Area Low (VAL) to build momentum to attack today's Low of Day (LOD). Breaking below today's low strips the bulls of their weekly lead and puts the daily back into balance. If a deeper liquidation triggers, downside targets are heavy. E-mini Nasdaq 100 (NQ) NQ has much cleaner structural features for bulls to lean on during pullbacks or an inside-value open: the 9-Wide POC and the single prints. The Bull Case: Look for buyers to defend these two structural zones to regain value control. Just like ES, if GLOBEX prints a new ATH overnight, that becomes the definitive upside target for tomorrow's session. The Bear Case: Sellers must gain acceptance below today's VAL to clear a path to the LOD. Success there opens up historical downside targets. Key Levels to Watch ES VAH: 7646.50 VAL: 7619.50 LOD: 7598.50 06/05 ON 19-Wide POC: 7560.00 Week Gap Fill: 7491.00 Rollover Gap Fill: 7461.75 NQ VAH: 30915.00 9-Wide POC: 30868.00 Single-Prints: 30800.00 - 30802.25 VAL: 30756.50 LOD: 30604.75 06/05 ON 19-Wide POC: 30194.25 Week Gap Fill: 29848.25 Rollover Gap Fill: 29760.00 Intraday Note: If the market enters price discovery mode and continuously prints new ATHs tomorrow, utilize Initial Balance (IB) extensions to project your upside targets. Closing Thoughts The market has given us clear boundaries and structural reference points to trade against on this new contract. Tomorrow is all about watching how price responds to today's value frameworks. Don't start your morning anchored to a rigid bias; let the Market Profile and the MGI guide your setups, and let the data show you the way.