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US Open Briefing — Sat, Oct 3

Published October 3, 2026 · US session open · ES & NQ futures, translated to SPY/QQQ
Leaning bullish 58/100
Tone

Both ES and NQ pushed to fresh local highs near 7,784 and 31,090 before pulling back sharply into the open, showing intraday rejection at the upper boundaries. Price on the 15-minute timeframe is retreating toward prior breakout bases, leaning into a short-term corrective pause. The broader swing structure remains constructive above the late-September lows, but immediate tape momentum is softening.

Key levels — futures & ETF equivalents
ES local resistance 7784.00 (SPY ~$778.40)
ES intraday support 7770.00 (SPY ~$777.00)
NQ local resistance 31090.00 (QQQ ~$758.29)
NQ intraday support 31020.00 (QQQ ~$756.59)
Positioning views
SPY premarket levelsQQQ premarket levelsES overnight levelsNQ overnight levels
Market Structure Academy
Market ProfilePOCVAHVALOvernight inventoryFailed auctionOvernight high/lowPrevious close
On the calendar

The macro economic calendar is clear of high-impact US data releases this morning. Geopolitical and energy headlines remain the primary external backdrop, leaving price discovery driven largely by technical positioning at recent highs.

News backdrop: Neutral · 32 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.

← London, October 3, 2026
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