Archive / London session

London Open Briefing — Wed, Oct 28

      Published October 28, 2026 · London session open · ES & NQ futures, translated to SPY/QQQ
    

Leaning bullish 58/100

Tone

Both ES and NQ remain in dominant multi-day uptrends, consolidating just below recent highs heading into the London open. ES has paused after testing 7,770, while NQ holds near the 29,960 area following a steady sequence of higher lows. Price action is tight and range-bound over the overnight session with muted participation.

Key levels — futures & ETF equivalents

      ES resistance
      7770.00 (SPY ~$777.00)
    

      ES consolidation support
      7750.00 (SPY ~$775.00)
    

      NQ resistance
      29970.00 (QQQ ~$731.00)
    

      NQ shelf support
      29800.00 (QQQ ~$726.80)
    

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 through the European morning, with German GfK Consumer Climate the lone scheduled European release. Attention remains on spillover effects from overnight Asia-Pacific central bank updates and broader geopolitical headline flow.

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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