Archive / London session

London Open Briefing — Mon, Oct 19

      Published October 19, 2026 · London session open · ES & NQ futures, translated to SPY/QQQ
    

Leaning bullish 58/100

Tone

Both ES and NQ show an overnight consolidation following a steep rebound off Friday's lows. ES has rotated lower in early European trading toward short-term support near 7,757, while NQ holds flat below its 29,800 resistance shelf. Bias remains cautious as price digests the prior recovery without establishing new swing highs.

Key levels — futures & ETF equivalents

      ES intraday support
      7757 (SPY ~$775.70)
    

      ES breakdown resistance
      7800 (SPY ~$780.00)
    

      NQ overnight resistance
      29800 (QQQ ~$726.80)
    

      NQ swing low support
      29250 (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 London session carries a quiet economic slate following overnight Asian macro data releases. Price action is likely to be guided by technical positioning ahead of US corporate earnings later in the week.

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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