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

Price Action

WSFG Weekly

MSFG Month Aug

YSFG Year 2025

Swing Pivots

Weekly Benchmarks

Recent Trade Signals

Overall Rating

Key Insights Summary

The NQ E-mini NASDAQ 100 Futures are exhibiting a strong long-term uptrend, as confirmed by all major moving averages trending higher and price action well above the yearly and long-term benchmarks. The current weekly bar is large with fast momentum, indicating heightened volatility and strong directional moves. Short-term price action remains above the weekly session fib grid (WSFG) neutral zone, supporting an upward bias, but recent swing pivot highs and a cluster of resistance levels near current prices suggest the market is testing a significant resistance area. Intermediate-term signals are more cautious, with the monthly session fib grid (MSFG) showing a downtrend and price below its neutral zone, aligning with recent short trade signals and a downward swing pivot trend. This points to a possible retracement or consolidation phase after a strong rally. Support levels are well-defined below, with the nearest significant support at 21044.62 and major long-term support at 17897.17. Overall, the market is in a bullish long-term structure, but short- and intermediate-term signals indicate potential for a pullback or sideways action as the market digests recent gains and tests resistance.


Chart Analysis ATS AI Generated: 2025-08-06 07:13 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.