Archive / London session

London Open Briefing — Wed, Nov 4

      Published November 4, 2026 · London session open · ES & NQ futures, translated to SPY/QQQ
    

Leaning bullish 58/100

Tone

Futures are grinding upward into the London session after recovering the sharp overnight selloff. ES has rallied back toward the 7,590–7,600 area but is compressing beneath local highs as momentum slows. The immediate bias leans cautiously constructive off the overnight base, though price is stalling just under key overhead resistance.

Key levels — futures & ETF equivalents

      ES resistance
      7,590.00 (SPY ~$759.00)
    

      ES overnight low
      7,515.00 (SPY ~$751.50)
    

      NQ resistance
      28,350.00 (QQQ ~$691.46)
    

      NQ support
      28,250.00 (QQQ ~$689.02)
    

Looking for today’s levels?

Today’s free level SPY premarket levels ES overnight levels NQ overnight levels QQQ premarket levels

Positioning views for this session

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

The session calendar features European Services PMIs through the London morning, alongside ongoing macro attention on geopolitical headlines and US midterm election tallies.

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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