Archive / London session

London Open Briefing — Sat, Oct 17

      Published October 17, 2026 · London 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 heavy following a sharp multi-session liquidation, though intraday downside momentum has stalled into a tight overnight consolidation. Price action is stabilizing near the swing lows with modest bounce attempts struggling to generate meaningful separation. The broader tone leans distinctly downward until previous breakdown shelves are challenged.

Key levels — futures & ETF equivalents

      ES range low support
      7675.00 (SPY ~$767.50)
    

      ES breakdown resistance
      7740.00 (SPY ~$774.00)
    

      NQ range low support
      29300.00 (QQQ ~$714.60)
    

      NQ breakdown resistance
      29700.00 (QQQ ~$724.40)
    

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

Scheduled appearances from BOE Governor Bailey and early morning IMF meetings represent the main central bank backdrop for the European window. With weekend liquidity and headline sensitivity around ongoing geopolitical developments, tape volatility may remain selective.

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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