Archive / London session

London Open Briefing — Thu, Nov 5

      Published November 5, 2026 · London session open · ES & NQ futures, translated to SPY/QQQ
    

Leaning bullish 58/100

Tone

Both ES and NQ pushed higher early in the overnight session before pulling back from recent swing peaks. Price action is holding above overnight base levels but consolidating in the upper half of recent ranges. Structure leans constructive as prior swing lows remain intact across both indices.

Key levels — futures & ETF equivalents

      ES overnight resistance
      7719.00 (SPY ~$771.90)
    

      ES overnight support
      7704.00 (SPY ~$770.40)
    

      NQ overnight resistance
      28340.00 (QQQ ~$691.20)
    

      NQ overnight support
      28220.00 (QQQ ~$688.30)
    

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 European morning calendar features second-tier data including German Factory Orders, French Industrial Production, and UK Construction PMI. Lacking tier-one macro releases, technical range boundaries are likely to dominate London trade.

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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