Archive / London session

London Open Briefing — Thu, Oct 29

      Published October 29, 2026 · London session open · ES & NQ futures, translated to SPY/QQQ
    

Leaning bearish 42/100

Tone

Both ES and NQ pushed sharply higher overnight into session highs before giving back the entire impulse leg in a sharp pullback. Price has now settled back toward prior consolidation levels near 7759 on ES and 29639 on NQ. The session carries a neutral to leaning-down immediate bias as the market digests the rejection off overnight peaks.

Key levels — futures & ETF equivalents

      ES overnight resistance
      7773.00 (SPY ~$777.30)
    

      ES overnight support
      7741.00 (SPY ~$774.10)
    

      NQ overnight resistance
      29760.00 (QQQ ~$725.85)
    

      NQ overnight support
      29500.00 (QQQ ~$719.50)
    

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 European morning slate features low-impact regional releases, including Italian unemployment and UK monetary data, leaving the session largely driven by technical positioning rather than macro catalysts.

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.

← Asia, October 28, 2026

Get briefings like this before the session opens

Telegram and email, ahead of the Asia, London, and US opens. 14 days free, no card.

Start free trial