Archive / London session

London Open Briefing — Sat, Aug 29

      Published August 29, 2026 · London session open · ES & NQ futures, translated to SPY/QQQ
    

Balanced 50/100

Tone

Both ES and NQ experienced sharp midday selloffs from recent highs before settling into tight, horizontal consolidation along their lower ranges. The bias into the London session leans cautious to neutral as price attempts to build a base following the steep decline.

Key levels — futures & ETF equivalents

      ES support
      7715.00 (SPY ~$771.50)
    

      ES resistance
      7750.00 (SPY ~$775.00)
    

      NQ support
      29440.00 (QQQ ~$718.05)
    

      NQ resistance
      29640.00 (QQQ ~$722.93)
    

Positioning views

SPY premarket levels QQQ premarket levels ES overnight levels NQ overnight levels

Market Structure Academy

Market Profile POC VAH VAL Overnight inventory Failed auction Overnight high/low Previous close

On the calendar

Key event risk includes ongoing Jackson Hole Symposium headlines and G20 meetings scheduled during the day, which could introduce volatility into broader macro assets.

News backdrop: Somewhat-Bullish · 10 macro headlines, last 24h (Alpha Vantage)

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.

← Asia, August 28, 2026

Get briefings like this before the session opens

Telegram and email, ahead of the Asia, London, and US opens. 14 days free, no card.

Start free trial