NQ E-mini NASDAQ 100 Futures Daily Chart Analysis: 2025-Aug-06 07:12 CT

Price Action

• Last: 23155.25,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: 57%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Aug

• Intermediate-Term
• MSFG Current: -6%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2025

• Long-Term
• YSFG Current: 29%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt High 23404.25,
• 4. Pvt. Next: Pvt Low 22468.25,
• 5. Levels R: 23845.00, 23404.25, 23044.25,
• 6. Levels S: 22775.00, 21254.40.

Daily Benchmarks

• (Short-Term) 5 Day: 23211.5 Down Trend,
• (Short-Term) 10 Day: 23234.1 Down Trend,
• (Intermediate-Term) 20 Day: 23225.5 Down Trend,
• (Intermediate-Term) 55 Day: 22468.25 Up Trend,
• (Long-Term) 100 Day: 21848.4 Up Trend,
• (Long-Term) 200 Day: 21488.08 Up Trend.

Additional Metrics

• ATR:1618,
• VOLMA:626746.

Recent Trade Signals

• 05 Aug 2025: Short NQ 09-25 @ 23091.75 Signals.USAR-MSFG
• 05 Aug 2025: Short NQ 09-25 @ 23091.75 Signals.USAR.TR120
• 01 Aug 2025: Short NQ 09-25 @ 23007 Signals.USAR.TR720
• 29 Jul 2025: Short NQ 09-25 @ 23457.25 Signals.USAR-WSFG

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Bearish,
• Long-Term: Bullish.

Key Insights Summary

The NQ E-mini NASDAQ 100 Futures daily chart currently reflects a market in transition. Short-term and intermediate-term trends have shifted to the downside, as indicated by the downward direction of the 5, 10, and 20-day moving averages, as well as the swing pivot trends (DTrend). The most recent price action is below the monthly session fib grid (MSFG) center, reinforcing the intermediate-term bearish bias, while the weekly session fib grid (WSFG) remains positive, suggesting some underlying support on a shorter time frame. Recent trade signals have all been to the short side, aligning with the prevailing short-term and intermediate-term downtrends. However, the long-term structure remains bullish, with the 55, 100, and 200-day moving averages still trending upward and price holding above these key levels. Volatility, as measured by ATR, is elevated, and volume remains robust, indicating active participation and potential for continued price swings. Overall, the market is experiencing a corrective phase within a longer-term uptrend. The current environment is characterized by a pullback or retracement, with lower highs and a test of support levels. The next key levels to watch are the support at 22775.00 and resistance at 23404.25. The interplay between these levels and the moving averages will be critical in determining whether the market resumes its longer-term uptrend or continues to correct further.