Pre-London playbook: S&P 500 futures poised to test 6,302/6,297 floors ahead of 6,325 pivot
|As the London session approaches, ESU2025 drifts into the 6,306–6,297 support band—holds could trigger a rally back through 6,317 toward 6,325, while a break risks a slide to 6,288–6,274 before New York open.
With the London open on the horizon, E-mini S&P 500 Futures have eased down through 6,317 and 6,311 overnight to settle on the critical 6,306 pivot. All eyes will now be on the 6,302 and 6,297 floors: a defensive hold here could fuel a push back up to 6,317–6,325, whereas a clean break would open the way for a deeper retracement toward 6,288 and 6,274 ahead of New York's session.
Current price action
-
Asian Drift Lower: Since failing to hold the 6,325 pivot, ESU has eased lower through the thin overnight liquidity.
-
Support Test Sequence:
-
6,317 — broken.
-
6,311 — broken.
-
6,306 — currently on the line (overnight pivot).
-
-
Final Bullish Defences:
-
6,302 (micro-POC low).
-
6,297 (session swing low).
-
A breach of 6,297 would open the door to a retest of 6,288 and then 6,274 (VAH breakout area from yesterday's New York session).
Updated levels and plan
Immediate Support - 6,306 - On the line—must hold on H1 pullbacks.
Last Defences - 6,302 / 6,297 - If held, look for reversal bars into long setups.
Failure Triggers - 6,288 → 6,274 - Break below → deeper retrace into yesterday's VAH.
Upside Reclaim - 6,306 → 6,317 - Hold 6,306 → retest 6,317 then revisit 6,325 pivot.
Playbook
-
Bullish Rebound (6,297–6,306 Holds):
-
Entry: Confirmation of a bounce on 3 min/H1 higher-low in this zone.
-
Targets: 6,317 → 6,325.
-
Stop: Below 6,297.
-
-
Bearish Continuation (Below 6,297):
-
Entry: Clean break & close under 6,297 on H1.
-
Targets:
-
T1: 6,288 (yesterday's overnight high).
-
T2: 6,274 (VAH breakout pivot).
-
-
Stop: Above 6,305.
-
-
Re-Load on Lower Pivots:
-
If 6,274 holds, watch for a 3-minute/H1 reversal into long setups targeting a fresh leg toward 6,300+.
-
This analysis is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Futures trading carries a high level of risk and may not be suitable for all investors. Always conduct your due diligence and consult a qualified financial professional before making any trading decisions.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.