The NQ E-mini NASDAQ 100 Futures daily chart shows a notable shift in momentum with large, fast-moving bars indicating heightened volatility and a strong directional move. Short-term and intermediate-term trends have turned bearish, as confirmed by both the swing pivot structure (DTrend) and the downward direction of the 5, 10, and 20-day moving averages. The price is currently below the monthly session fib grid (MSFG) NTZ, reinforcing the intermediate-term bearish bias, while the weekly and yearly session fib grids remain supportive of a longer-term uptrend. Recent swing pivots highlight a transition from a recent high (25,750.50) to a new potential swing low (24,110.00), with resistance levels stacked above and support levels well below current price. The ATR is elevated, and volume remains robust, suggesting active participation and potential for continued volatility. Recent trade signals have triggered short entries, aligning with the prevailing short-term and intermediate-term bearish structure. Despite the current pullback, the long-term trend remains bullish, supported by the 55, 100, and 200-day moving averages trending higher. This setup suggests the market is in a corrective phase within a broader uptrend, with the potential for further downside in the near term before any resumption of the primary bullish trend. The environment is characterized by a sharp retracement, possible test of lower support zones, and a watchful eye for signs of stabilization or reversal as the market digests recent volatility.