Mountain Frog Research

Sessions most like 2026-08-10, as of 11:30 ET

A morning push that topped out before midday and has since been given back, on a light tape.

What would separate them: What separates these paths shows up in the tape, not in advance: whether the give-back holds at the level the morning broke from or slices through it, whether a retest of the earlier high arrives on heavier participation or on the same thin volume that carried the push, and whether price picks a side of VWAP instead of drifting across it as it is now.

These sessions share a shape rather than a direction: a move away from the open that set its extreme before the cutoff, then a give-back that had already retraced most of it by the time the clock stopped — the shape the search is selecting for, not a discovery. Today's version is the widest-ranging of the set: recent daily range sits above the widest analog here and above the corpus median, so the same normalized give-back covers more ground in points. It is also the quietest of them: participation is below a typical session and toward the light edge of the cohort, and the opening balance is narrow measured against the day's own volatility — a big-range backdrop trading a slow morning. The give-back itself is ordinary for this group, near the middle of it now and at its deepest less severe than most of these days saw.

Fade ran on 3 of 12

The give-back never stopped. Price cut through the morning low into fresh session lows during the afternoon, and the closes finished down — mostly near those lows.

new high 0 new low 3 median to close -0.39 ATR
Drove and held 2 of 12

The morning push was pausing, not finished. Price took the earlier high back and kept going, absorbing dips without losing the drive, and closed at the firm end of the day's range.

new high 2 new low 0 median to close +0.89 ATR
Reclaimed, then faded 4 of 12

These also traded above the morning high after the cutoff, but the follow-through did not hold. Some dipped again first, and the closes ended up only modestly better than where the cutoff found them.

new high 4 new low 0 median to close +0.16 ATR
Rotated in place 3 of 12

Neither side got anywhere. Price rotated to either side of the cutoff price without a push that held — a session here clipped a marginal new low before coming back — and the closes finished near where the morning left off.

new high 0 new low 1 median to close +0.12 ATR

Written from the computed figures only, by a model that is not permitted to write a number — every count above is rendered from the same data as the table. Camps are one reading of these sessions, not a forecast: the matched features have been measured to add nothing over price position alone, so a cohort rate at this sample size is descriptive.

2026-08-10 — TODAY vwap +0.02· hi +0.36 @10:47 · IBgap +0.23· vwapΔ +0.07 · retr 55%/75%max in progress
All twelve, and today, on one set of axes hover a line to isolate it · use the plot column in the table below to drop a session — the scale refits to what is left, so hiding an outlier gives the rest the whole frame
Faint left of the cutoff: those sessions were selected for resembling today there, so the agreement is by construction. Everything that matters is to the right. Outcome is in the geometry as well as the colour — a new high is a line clearing its own earlier high — because red and green are the hardest pair to tell apart with colour-blindness.
What these became
6 of 12 expanded upward
after the cutoff, by which extremes they took
Room past the level
+0.37 ATR
median run from the cutoff price · +0.13 ATR beyond the morning high itself
Heat before it got there
-0.23 ATR
worst excursion against you between the cutoff and the extreme — not the whole session · worst -0.28 ATR · typically reached 15:40
What would catch it off guard
6 did something else
4 expanded downward, 2 stayed in balance · worst close -0.46 ATR

What kind of session these became — expansion one way, both ways, or balance — on the same four-way split the corpus study uses, where balance is a third of all sessions. Deliberately not a hit rate: which extreme gets taken largely restates where price already sat at the cutoff, and nobody holds to the close anyway. How far it ran, what it cost to sit through, and when it got there are the parts a trade is built on. n=12.

plot sessiondistATRIB /ATRRVOL retr nowretr max to closemax upmax down new highnew low
2026-08-10 — today0.0068.80.290.6355%75%in progress
2025-09-150.6042.00.320.4552%60%+0.14+0.16-0.25YES
2024-05-290.6333.50.481.0251%78%-0.07+0.25-0.25
2023-06-060.7538.00.431.0855%90%+0.16+0.30-0.24YES
2025-02-100.7650.80.420.7076%96%+0.08+0.24-0.23YES
2024-03-180.7937.20.480.9754%85%-0.46+0.00-0.59YES
2023-11-010.8155.00.531.1756%63%+0.42+0.57-0.24YES
2023-07-120.8431.50.481.0780%87%-0.17+0.04-0.56YES
2025-07-110.8541.20.670.6759%101%+0.04+0.37-0.07YES
2024-08-270.9059.80.480.8050%50%+0.12+0.21-0.16
2023-03-020.9446.80.391.1450%55%+0.89+1.08-0.05YES
2023-08-310.9746.00.290.7765%106%-0.39+0.04-0.42YES
2023-02-100.9858.00.531.3456%102%+0.20+0.28-0.28YES
cohort low31.50.290.4550%50%-0.46+0.00-0.59
cohort median46.00.481.0256%87%+0.12+0.25-0.24
cohort high59.80.671.3480%106%+0.89+1.08-0.05
cohort hit rate6/124/12
CORPUS median (n=967)50.50.511.0034%60%+0.05+0.30-0.28
CORPUS base rate56%50%

All ATR-normalised and measured from the 11:30 cutoff. max up / max down are forward excursions after the cutoff — not the session extremes, which in most of these were already set. new high / new low ask whether the post-cutoff move exceeded the pre-cutoff extreme. Click any row to expand that session's chart to full width and jump to it; click again to collapse.

2025-09-15 d=0.60 vwap -0.01· hi +0.35 @11:00 · IBgap +0.15· vwapΔ +0.12 · retr 52%/60%max closed +0.14 ATR
2024-05-29 d=0.63 vwap +0.05· hi +0.49 @10:38 · IBgap +0.24· vwapΔ +0.18 · retr 51%/78%max closed -0.07 ATR
2023-06-06 d=0.75 vwap +0.08· hi +0.47 @10:50 · IBgap +0.22· vwapΔ +0.22 · retr 55%/90%max closed +0.16 ATR
2025-02-10 d=0.76 vwap +0.03· hi +0.27 @10:48 · IBgap +0.26· vwapΔ +0.07 · retr 76%/96%max closed +0.08 ATR
2024-03-18 d=0.79 vwap +0.02· hi +0.40 @10:26 · IBgap +0.10· vwapΔ +0.06 · retr 54%/85%max closed -0.46 ATR
2023-11-01 d=0.81 vwap +0.02· hi +0.49 @10:46 · IBgap +0.27· vwapΔ +0.24 · retr 56%/63%max closed +0.42 ATR
2023-07-12 d=0.84 vwap -0.06· hi +0.36 @10:40 · IBgap +0.15· vwapΔ +0.12 · retr 80%/87%max closed -0.17 ATR
2025-07-11 d=0.85 vwap +0.05· hi +0.41 @10:36 · IBgap +0.34· vwapΔ +0.06 · retr 59%/101%max closed +0.04 ATR
2024-08-27 d=0.90 vwap +0.06· hi +0.44 @11:08 · IBgap +0.23· vwapΔ +0.19 · retr 50%/50%max closed +0.12 ATR
2023-03-02 d=0.94 vwap +0.03· hi +0.42 @11:02 · IBgap +0.09· vwapΔ +0.17 · retr 50%/55%max closed +0.89 ATR
2023-08-31 d=0.97 vwap -0.02· hi +0.26 @10:35 · IBgap +0.12· vwapΔ +0.05 · retr 65%/106%max closed -0.39 ATR
2023-02-10 d=0.98 vwap +0.03· hi +0.38 @10:17 · IBgap +0.15· vwapΔ +0.06 · retr 56%/102%max closed +0.20 ATR

How these were matched

Matched on seven measures, all ATR-normalised and z-scored: distance from VWAP, magnitude of the high off the open, the clock time of that high, expansion of the price-VWAP gap across IB creation, how far VWAP itself was dragged, and how much of the drive has been retraced — both currently and at its deepest. The IB-gap and VWAP terms separate a day that trended from one that chopped to the same place; the retracement terms separate a day still pinned near its high from one that has round-tripped to the open. Ordered nearest first. Solid = up to 11:30, the part matched on. Faded = the rest of the day, the part to read. Shaded band left of the 09:30 marker is premarket from 06:00 ET. The y-axis is a shared ATR ruler with the session open at 0, identical on every tile, so magnitudes are directly comparable.

n=12. This is a case-inspection tool for rare behaviour — sort the tiles into camps by eye. It is not an inference tool, and a percentage taken off this many charts would not mean anything.

Charts rendered with Lightweight Charts™, Copyright © 2026 TradingView, Inc. (Apache-2.0).