Archive / London session

London Open Briefing — Mon, Aug 31

      Published August 31, 2026 · London session open · ES & NQ futures, translated to SPY/QQQ
    

Leaning bullish 58/100

Tone

Both ES and NQ have recovered from their overnight lows, pushing steadily higher into the London open. Price is now testing the breakdown resistance zone established earlier in the session, with upward momentum pausing right at those overhead levels.

Key levels — futures & ETF equivalents

      ES resistance
      7710.00 (SPY ~$771.00)
    

      ES overnight base support
      7680.00 (SPY ~$768.00)
    

      NQ resistance
      29520.00 (QQQ ~$720.00)
    

      NQ overnight support
      29280.00 (QQQ ~$714.15)
    

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

German Preliminary CPI leads the early European data slate amid ongoing headline sensitivity surrounding Middle East geopolitical developments.

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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