How I Knew ES Would Take the Prior Day's Low (71% Stat) | edgeful

When ES and NQ open inside the prior day's range, price has broken out 83-84% of the time over the last six months. The real question is which side. Here's how I used the inside bars report and edgeful AI to know ES was going to take the prior day's low on Monday, September 28. Both ES and NQ opened inside Friday's New York session range. The inside bars report shows NQ broke out of the prior day's range 84% of the time when it opened inside it, and ES 83%. That tells you to expect a break, but not the direction. NQ answered first. It took the prior day's low in the first few minutes of the session while ES kept chopping inside the range. So at 10:20 I asked edgeful AI: every time NQ took the previous session's low, what did ES do? Over six months, ES also took the low almost 70% of the time, but that was only 13 occurrences. So I checked the last year: 77 occurrences, and ES broke the low 71% of the time. ES broke the prior day's range at 10:40. That's the confluence. The 83% says a breakout is likely. NQ plus the edgeful AI stat says which side. I also break down the inside bars report by weekday: Mondays that opened inside Friday's range broke out 87% of the time (16 occurrences), and Wednesdays sit at 93% on ES. Reports and tools used: inside bars report, edgeful AI, market sessions indicator. chapters: 0:00 intro: how i knew ES would take the prior day's low 0:21 ES + NQ open inside friday's range 0:48 inside bars report: 84% NQ, 83% ES break out 1:56 target the previous session high or low 2:14 NQ takes the low first, ES lags 2:37 asking edgeful AI what ES does when NQ takes the low 3:27 bigger sample: 71% over the last year 4:13 inside bars by weekday: mondays 87%, wednesdays 93% 4:51 recap: building the bias have questions? email [email protected] get started: https://www.edgeful.com/?utm_source=youtube&utm_medium=organic&utm_campaign=2026 Disclosure: Trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. this information is not trading advice and should be used for educational purposes only. futures, options, and forex are leveraged instruments, and carry a high degree of risk. past results are not indicative of future returns. your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness, and usefulness of the information. futures and forex trading contains substantial risk and is not for every investor. an investor could potentially lose all or more than the initial investment. risk capital is money that can be lost without jeopardising ones' financial security or life style. only risk capital should be used for trading and only those with sufficient risk capital should consider trading. past performance is not necessarily indicative of future results.