LiquidityLevelsES overnight levels today: key levels and SPY equivalents
ES trades nearly around the clock, so the overnight session leaves a map of highs, lows and reactions before the U.S. cash open. This page shows that map for E-mini S&P 500 futures, with SPY equivalents alongside.
US Open Briefing — Mon, Oct 5
Equities enter the open with a pullback off overnight highs, showing a divergence between ES consolidating mid-range and NQ pressing down toward its session lows. ES is currently testing the 7,770 base following a rejection at 7,783, while NQ exhibits sustained selling pressure after failing near 31,220.
Read the full briefing · ES overnight levels for this session
What are ES overnight levels?
ES overnight levels are the prices that framed the electronic session between the prior cash close and the 9:30 AM ET open: the overnight high and low, levels the market accepted or rejected, and how they relate to the prior close and prior day range.
LiquidityLevels publishes these in three briefings a day, timed to the Asia, London and US opens, each with an approximate SPY equivalent so options traders do not have to convert.
Why overnight futures matter
- Overnight highs and lows are among the first reference points after the open.
- Whether the overnight session accepted or rejected the prior day high or low frames the type of open.
- Scheduled events, such as U.S. data at 8:30 AM ET, are layered on the overnight map.
How the levels are derived
Each briefing is generated before the Asia, London and US session opens from recorded chart observations on ES (and NQ or ES for cross-reference): where price sits in the visible range, the trend sequence, how it reacted around key levels, and the scheduled events ahead. Levels are then translated into SPY terms using a reference ratio of about 10 (ES points per SPY dollar). The ratio drifts with futures basis and dividends, so the result is an approximation. See how the translation works.
Learn the vocabulary
Overnight inventory
Net long, short or neutral going into the open
Read the guide →Overnight high and low
Definitions and use
Read the guide →Previous close
The baseline for the overnight move
Read the guide →Value area high
Accepted value, upper edge
Read the guide →Value area low
Accepted value, lower edge
Read the guide →POC migration
Where the center of activity is moving
Read the guide →Free tools for this market
Recent sessions
Every briefing is published unedited 24 hours after delivery. Recent ES overnight levels pages:
- Mon, Oct 5 · US session
- Mon, Oct 5 · London session
- Sun, Oct 4 · Asia session
- Sun, Oct 4 · US session
- Sun, Oct 4 · London session
- Sat, Oct 3 · Asia session
- Sat, Oct 3 · US session
- Sat, Oct 3 · London session
- Fri, Oct 2 · Asia session
- Fri, Oct 2 · US session
Browse the full public archive · See the charts at publish time and at the next open
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Frequently asked questions
What are ES overnight levels?
When does the ES overnight session start?
Is this trading advice?
Get the full ES and SPY map before the bell.
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LiquidityLevels provides informational and educational market commentary only. Levels are reference points, not trade signals, personalized advice or a recommendation to buy or sell any security or derivative.