Archive / London session

London Open Briefing — Tue, Sep 1

      Published September 1, 2026 · London session open · ES & NQ futures, translated to SPY/QQQ
    

Leaning bearish 42/100

Tone

Both ES and NQ are consolidating in tight ranges following the recovery off late-August lows, exhibiting subdued overnight movement. Price action reflects a neutral sideways consolidation below previous swing resistance levels as participation remains light ahead of the European session.

Key levels — futures & ETF equivalents

      ES resistance
      7715 (SPY ~$771.50)
    

      ES support
      7675 (SPY ~$767.50)
    

      NQ resistance
      29560 (QQQ ~$720.98)
    

      NQ support
      29300 (QQQ ~$714.63)
    

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 session carries low-impact regional data including German Retail Sales and UK Nationwide HPI, leaving broad macro sentiment and energy price developments to guide London trade.

News backdrop: Somewhat-Bullish · 10 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, August 31, 2026

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