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US Open Briefing — Mon, Aug 10

Published August 10, 2026 · US session open · ES & NQ futures, translated to SPY/QQQ
Leaning bullish 67/100
Tone

Markets exhibit moderate upward momentum heading into the session, with NQ leading a push toward the upper end of its recent range. ES remains slightly more constrained but continues to trade in the upper half of its immediate structure. Traders should watch if price can sustain these higher levels or if resistance near current peaks prompts a consolidation.

Key levels — futures & ETF equivalents
ES resistance area 7785.00 (SPY ~$778.50)
NQ upper range resistance 29850.00 (QQQ ~$728.00)
Positioning views
SPY premarket levelsQQQ premarket levelsES overnight levelsNQ overnight levels
Market Structure Academy
Market ProfilePOCVAHVALOvernight inventoryFailed auctionOvernight high/lowPrevious close
On the calendar

Economic events are relatively light today, featuring minor figures such as the Cleveland Fed Inflation Expectations and low-impact central bank commentary. Traders may look ahead to broader upcoming economic releases like US inflation data later in the week for major directional cues.

Published as it was generated, exactly as delivered to subscribers at the time — not edited or curated after the fact. Informational commentary only, not trade signals or personalized financial advice. New terms? See the glossary.

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