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Asia Open Briefing — Wed, Sep 16

Published September 16, 2026 · Asia session open · ES & NQ futures, translated to SPY/QQQ
Leaning bearish 42/100
Tone

Both ES and NQ show a sharp initial selloff into the session open followed by a steady multi-bar bounce from the lows. The recovery has brought price back toward prior breakdown pivots around 7621.75 on ES and 29265 on NQ, but structural follow-through remains capped below the earlier session highs. The overall bias is leaning-down to sideways as the market tests overhead resistance from beneath.

Key levels — futures & ETF equivalents
ES resistance pivot 7621.75 (SPY ~$762.18)
ES session low support 7570.00 (SPY ~$757.00)
NQ resistance pivot 29265.75 (QQQ ~$713.80)
NQ session low support 29045.00 (QQQ ~$708.41)
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 overnight calendar features low-tier European inflation updates and bond auctions before the Bank of England rate decision at 07:00 ET. In the absence of major domestic releases until later in the morning, Asian session price action is likely to be guided by structural technical flows.

News backdrop: Neutral · 49 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.

← US, September 9, 2026
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