Archive / London session

London Open Briefing — Mon, Sep 21

      Published September 21, 2026 · London session open · ES & NQ futures, translated to SPY/QQQ
    

Leaning bullish 67/100

Tone

Both ES and NQ are grinding into new session highs during the overnight session, exhibiting a steady upward drift with narrow consolidation at the highs. Upward momentum remains intact with consecutive higher lows pressing directly against local resistance. Price action reflects a patient bid holding the upper end of the recent multi-day expansion.

Key levels — futures & ETF equivalents

      ES overnight ceiling
      7750.00 (SPY ~$775.00)
    

      ES overnight base
      7743.00 (SPY ~$774.30)
    

      NQ overnight resistance
      30130.00 (QQQ ~$734.88)
    

      NQ overnight shelf
      30080.00 (QQQ ~$733.66)
    

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 London and early US sessions feature speeches from central bank officials, including ECB President Lagarde and BOC Governor Macklem, alongside early remarks from FOMC Member Goolsbee. These macro commentaries serve as the primary potential catalysts for volatility ahead of the New York open.

News backdrop: Somewhat-Bullish · 27 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 20, 2026

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