Archive / London session

London Open Briefing — Mon, Aug 10

      Published August 9, 2026 · London session open · ES & NQ futures, translated to SPY/QQQ
    

Balanced 50/100

Tone

Price action across both ES and NQ remains extremely tight with early session activity showing a pull back toward the lower-middle portion of the initial spike range. Structure is currently neutral to slightly weak as market participants balance early session moves within a compressed overall range.

Key levels — futures & ETF equivalents

      ES early resistance
      7780.00 (SPY ~$778.00)
    

      ES session support
      7774.00 (SPY ~$777.40)
    

      NQ upper bound
      29850.00 (QQQ ~$728.05)
    

      NQ lower pivot
      29800.00 (QQQ ~$726.83)
    

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

Economic data is light for the upcoming session, with low-impact Japanese economic reports such as Bank Lending and the BOJ Summary of Opinions providing minimal direct volatility for US indices.

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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