Archive / London session

London Open Briefing — Fri, Sep 25

      Published September 25, 2026 · London session open · ES & NQ futures, translated to SPY/QQQ
    

Leaning bullish 75/100

Tone

Both ES and NQ pushed higher through the overnight session with consistent upward stair-stepping out of the late-evening base. Price is currently consolidating near the session highs just beneath local resistance levels, holding the advance without notable signs of distribution. Bias remains leaning upward into the European open while recent swing lows remain intact.

Key levels — futures & ETF equivalents

      Overnight high resistance
      7778.50 (SPY ~$777.85)
    

      Overnight consolidation support
      7767.00 (SPY ~$776.70)
    

      Overnight high resistance
      30905.00 (QQQ ~$753.78)
    

      Overnight shelf support
      30830.00 (QQQ ~$751.95)
    

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

Early European session catalysts include scheduled remarks from BOE Governor Bailey and FOMC Member Williams at 05:15 ET, followed by US Durable Goods Orders at 08:30 ET.

News backdrop: Neutral · 45 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, September 24, 2026

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