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US Open Briefing — Fri, Oct 16

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

Balanced 50/100

Tone

Futures are navigating a choppy, sideways consolidation heading into the open after recovering from the mid-week selloff. ES continues to churn around 7,800 while NQ pulls back toward its overnight base near 30,075 after stalling at 30,225. Structure remains range-bound with mixed participation as markets digest macro headlines.

Key levels — futures & ETF equivalents

      ES overnight resistance
      7808 (SPY ~$781)
    

      ES overnight support
      7788 (SPY ~$779)
    

      NQ session resistance
      30225 (QQQ ~$737)
    

      NQ session support
      30050 (QQQ ~$733)
    

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 for the session remain focused on ongoing central bank rhetoric and international trade headlines following earlier remarks from Fed and European officials. With no major US top-tier economic releases scheduled during the morning, intraday liquidity and technical range boundaries will dictate direction.

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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