Archive / London session

London Open Briefing — Sun, Oct 4

      Published October 4, 2026 · London session open · ES & NQ futures, translated to SPY/QQQ
    

Leaning bearish 42/100

Tone

Both ES and NQ pushed into fresh highs earlier before rejecting and pulling back toward the middle of their short-term sessions. Price is currently drifting into support around 7,775 on ES and 31,050 on NQ with muted participation. The immediate bias leans neutral to slightly defensive until buyers defend these local bases.

Key levels — futures & ETF equivalents

      ES local resistance
      7784.00 (SPY ~$778.40)
    

      ES short-term support
      7767.00 (SPY ~$776.70)
    

      NQ local resistance
      31095.00 (QQQ ~$758.40)
    

      NQ session support
      31000.00 (QQQ ~$756.10)
    

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 docket is light heading into the London window, with scheduled OPEC-JMMC meetings serving as the primary macro catalyst ahead of regional bank holidays.

News backdrop: Somewhat-Bullish · 34 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.

← Asia, October 3, 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