Archive / London session

London Open Briefing — Wed, Sep 30

      Published September 30, 2026 · London session open · ES & NQ futures, translated to SPY/QQQ
    

Bearish structure 8/100

Tone

Both ES and NQ head into the European morning leaning lower after rolling over from early-session highs. ES has slipped back below 7740 to trade near 7737.75, while NQ has printed consecutive lower highs and is probing session lows around 30553.50. The overnight tone reflects steady selling pressure across index futures.

Key levels — futures & ETF equivalents

      ES breakdown level
      7740.00 (SPY ~$774.00)
    

      ES session high resistance
      7755.00 (SPY ~$775.50)
    

      NQ local shelf support
      30550.00 (QQQ ~$745.12)
    

      NQ session resistance
      30740.00 (QQQ ~$749.75)
    

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 macro slate is quiet through the London morning, with early Asia-Pacific data behind us and no major European tier-one releases scheduled before US cash open.

News backdrop: Neutral · 37 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.

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