Archive / London session

London Open Briefing — Sun, Oct 18

      Published October 18, 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

Futures are stabilizing in narrow ranges near session lows following an aggressive late-week selloff across both indexes. While selling paused after establishing local bottoms near 7,675 on ES and 29,250 on NQ, the immediate tape remains heavily suppressed beneath broken support levels. Any London session bounces face stiff overhead resistance at previous consolidation shelves.

Key levels — futures & ETF equivalents

      ES breakdown resistance
      7,740.00 (SPY ~$774.00)
    

      ES overnight support
      7,675.00 (SPY ~$767.50)
    

      NQ breakdown resistance
      29,700.00 (QQQ ~$724.40)
    

      NQ overnight support
      29,250.00 (QQQ ~$713.40)
    

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

The economic calendar is extremely light for the session with only low-tier regional data and ongoing IMF meetings scheduled. Price action is likely to be driven by technical positioning and geopolitical developments following weekend headlines in the Middle East.

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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