Archive / London session

London Open Briefing — Sat, Oct 3

      Published October 3, 2026 · London session open · ES & NQ futures, translated to SPY/QQQ
    

Leaning bullish 58/100

Tone

Futures are pushing higher into the overnight session, with both ES and NQ printing constructive higher lows and rotating toward their recent highs. Price action exhibits steady continuation off the earlier base, although trading activity remains relatively thin heading into the European morning.

Key levels — futures & ETF equivalents

      ES resistance
      7784.50 (SPY ~$778.45)
    

      ES swing support
      7767.50 (SPY ~$776.75)
    

      NQ resistance
      31094.00 (QQQ ~$758.39)
    

      NQ swing support
      30990.00 (QQQ ~$755.85)
    

Positioning views

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 clear of major scheduled macro catalysts ahead of the London cash open, leaving early price action driven primarily by technical positioning and geopolitical developments.

News backdrop: Neutral · 38 macro headlines, last 24h (Alpha Vantage)

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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