Archive / Asia session

Asia Open Briefing — Fri, Oct 16

      Published October 16, 2026 · Asia session open · ES & NQ futures, translated to SPY/QQQ
    

Generated while ES/NQ futures were closed. This record was produced by an automated job during the weekly futures closure (Friday 5:00 PM to Sunday 6:00 PM ET) or a market holiday. The levels reflect the last trading session, not a new overnight session, and should not be used as a briefing. It is kept in the archive unedited for transparency.

Leaning bearish 42/100

Tone

Both ES and NQ remain pinned near their session lows following the sharp Friday liquidation, consolidating tightly along the base of their visible ranges. Price action into the reopen shows compressed bars and muted participation, with neither contract yet mounting a meaningful bounce back into the broken distribution above. Bias remains heavy while index futures trade below Friday's breakdown levels.

Key levels — futures & ETF equivalents

      ES visible low support
      7676.00 (SPY ~$767.60)
    

      ES breakdown resistance
      7720.00 (SPY ~$772.00)
    

      NQ visible low support
      29268.75 (QQQ ~$713.87)
    

      NQ breakdown resistance
      29600.00 (QQQ ~$721.95)
    

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

Catalysts are light during the Asia session, with central bank commentary from BOE Governor Bailey and German Buba President Nagel framing the overnight macro backdrop.

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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